Fill - Free fillable LLC Tax Organizer Use a separate organizer for PDF form

LLC Tax Organizer Use a separate organizer for each LLC

LLC General Information

Legal name of LLC EIN –

LLC address ❑ (check if new address)

LLC Representative Title

Email Phone ( )

Principal business activity

Principal product or service

❑ Yes ❑ No

Was the primary purpose of the LLC activity to realize a prot?

Accounting method: ❑ Cash ❑ Accrual ❑ Other (specify)

❑ Yes ❑ No

Does the LLC le under a calendar year? (If no, what is the scal year?)

❑ Yes ❑ No

Has the LLC made the election to be taxed as a corporation?

If the LLC is an S corporation, provide a copy of Form 2553, Election by a Small Business Corporation, and the acceptance letter from the IRS.

LLC Speciﬁc Questions

❑ Yes ❑ No

Does the LLC have an operating agreement? (If this is the rst year of the LLC’s existence, please provide a copy of the operating

agreement and the articles of organization)

❑ Yes ❑ No

Are all members actively participating in the business?

❑ Yes ❑ No

Is any member in the LLC a disregarded entity, a partnership, a trust, an S corporation, or an estate?

❑ Yes ❑ No

Is the LLC a partner in another partnership?

❑ Yes ❑ No

Did any foreign or domestic corporation, partnership, trust, tax-exempt organization, individual, or estate own directly or

indirectly 50% or more of the prot, loss, or capital of the LLC?

❑ Yes ❑ No

Did the LLC own directly 20% or more, or own directly or indirectly, 50% or more of the total voting power of all classes of

stock entitled to vote of any foreign or domestic corporation?

❑ Yes ❑ No

Did the LLC have any debt that was cancelled, was forgiven, or had the terms modied so as to reduce principal amount of debt?

❑ Yes ❑ No

At any time during the year, did the LLC have an interest in, or signature authority over a nancial account in a foreign country?

❑ Yes ❑ No

Was there a distribution of property or a transfer (by sale or death) of an LLC interest during the tax year?

❑ Yes ❑ No

Does the LLC satisfy the following conditions?

• The LLC’s total receipts for the tax year were less than $250,000, and

• The LLC’s total assets at the end of the tax year were less than $1 million.

❑ Yes ❑ No

Did the LLC pay $600 or more to any individual? If yes, include a copy of Form 1099-NEC for each.

Principal Members Ownership Information

Name

Tax ID number

(SSN or EIN) Address

Ownership

percentage

Member or

member-manager

U.S.

citizen?

LLC Other Transactions

Member name

Guaranteed

payments

Health insurance

premiums paid

Capital contributions

from member

Distributions

to member

Member loans to

the LLC

Loans repaid by LLC

to member

All Clients – Additional information and documents required New Clients – Additional information and documents required

• Provide the income/nancial statements for the year (per books), balance

sheet, depreciation schedule per books, and cash reconciliation of business

bank accounts with ending cash balance.

• If the LLC has employees or paid independent contractors, provide a copy

of all Forms W-2, W-3, 940, 941, 1096, 1099-NEC, 1099-MISC, and any other

forms issued to workers.

• If any members live in a different state or outside the U.S., provide details.

The business may be subject to withholding requirements.

Date LLC formed

State LLC formed in

• Provide copies of LLC’s Articles of Organization and

Operating Agreement (if any).

• Provide copies of depreciation schedules for book, tax, and

AMT.

• Provide copies of tax returns for last two years, including

state returns (if applicable).

0.00%

LLC Balance Sheet

LLC assets at year end LLC debts and equity at year end

Bank account end of year balance $ Accounts payable at year end $

Accounts receivable at end of year $ Payables less than one year $

Inventories $ Payables more than one year $

Loans to members $ Mortgages, notes payable $

Mortgages and loans held by LLC $ Loans from members $

Stocks, bonds, and securities $ LLC capital accounts $

Other current assets (include list) $

LLC Income (include all Forms 1099-K and Forms 1099-NEC received)

Gross receipts or sales $ Dividend income (include all 1099-DIV Forms) $

Returns and allowances $ ( ) Capital gain/loss (include all 1099-B Forms) $

Interest income (include all 1099-INT Forms) $ Other income (loss) (include a statement) $

LLC Cost of Goods Sold (for manufacturers, wholesalers, and businesses that make, buy, or sell goods)

Inventory at beginning of the year $ Materials and supplies $

Purchases $ Inventory at the end of the year $

Cost of labor $

LLC Expenses

Advertising $ Meals for business in restaurants (100% deduct.) $

Bad debts $ Meals – other business meals (50% deduct.) $

Bank charges $ Ofce supplies $

Business licenses $ Organization costs $

Commissions and fees $ Pension and prot sharing plans $

Contract labor $ Rent or lease – car, machinery, equipment $

Employee benet programs $ Rent or lease – other business property $

Employee health care plans $ Repairs and maintenance $

*Entertainment $ Taxes – payroll $

Gifts $ Taxes – property $

Guaranteed payments to members $ Taxes – sales $

Insurance (other than health insurance) $ Taxes – state $

Interest – mortgage $ Telephone $

Interest – other $ Utilities $

Internet service $ Wages $

Legal and professional services $ Other expense $

* Entertainment is no longer deductible for taxes.

Car Expenses (use a separate form for each vehicle)

Make/Model Date car placed in service / /

❑ Yes ❑ No

Car available for personal use during off-duty hours?

❑ Yes ❑ No

Do you (or your spouse) have any other cars for personal use?

Did you trade in your car this year? ❑ Yes ❑ No

❑ Yes ❑ No

Do you have evidence? Cost of trade-in

Trade-in value

$❑ Yes ❑ No

Is your evidence written?

Mileage Actual Expenses

Beginning of year odometer Gas/oil $

End of year odometer Insurance $

Business mileage Parking fees/tolls $

Commuting mileage Registration/fees $

Other mileage Repairs $

Generally, you can use either the standard mileage rate or actual expenses to calculate the deductible costs of operating your car for business

purposes. However, to use the standard mileage rate, it must be used in the rst year the car is available for business. In later years, you can

then choose between either the standard mileage rate method or actual expenses.

Equipment Purchases – Enter the following information for depreciable assets purchased that have a useful life greater than one year

Asset Date purchased Cost Date placed in service New or used?

Equipment Sold or Disposed of During Year

Asset Date out of service Date sold Selling price/FMV Trade-in?

LLC Business Credits (if answered Yes for any of the below, please provide a statement with details)

❑ Yes ❑ No

Did the business pay expenses to make it accessible by individuals with disabilities?

❑ Yes ❑ No

Did the business pay any FICA on employee wages for tips above minimum wage?

❑ Yes ❑ No

Did the business own any residential rental buildings providing qualied low-income housing?

❑ Yes ❑ No

Did the business incur any research and experimental expenditures during the tax year?

❑ Yes ❑ No

Did the business have employer pension plan start-up costs? Total number of employees

❑ Yes ❑ No

Did the business pay health insurance premiums for employees? Total number of employees

Estimated Tax Payments — Tax Year 2021

Installment Date paid Federal Date paid State

First $ $

Second $ $

Third $ $

Fourth $ $

Amount applied from 2020 overpayment? $ $

Total $ $

COVID-19 Related

❑ Yes ❑ No

Did the business receive a Paycheck Protection Program loan?

❑ Yes ❑ No

Did the business receive an Economic Injury Disaster Loan or Emergency Advance through the SBA?

❑ Yes ❑ No

Did the business delay payment of employer payroll taxes?

❑ Yes ❑ No

Did the business receive a payroll tax credit for sick leave paid to employees due to COVID-19?

❑ Yes ❑ No

Did the business receive a payroll tax credit for paid family leave paid to employees due to COVID-19?

❑ Yes ❑ No

Did the business receive a payroll tax credit for a business suspension or slowdown?

Tax Return Preparation

We will prepare the tax return based on information provided. In the event the return is audited, you will be responsible for verifying the items

reported. It is important that you review the return carefully before signing to make sure the information is correct. Unless otherwise stated,

the services for preparation of the return do not include auditing, review, or any other verication or assurance.

Taxpayer Responsibilities

• You agree to provide us all income and deductible expense information. If additional information is received after we begin working

on the return, you will contact us immediately to ensure the completed tax returns contain all relevant information.

• You afrm that all expenses or other deduction amounts are accurate and that you have all required supporting written records.

In some cases, we will ask to review documentation.

• You must be able to provide written records of all items included on the return if audited by either the IRS or state tax authority.

We can provide guidance concerning what evidence is acceptable.

• You must review the return carefully before signing to make sure the information is correct.

• Fees must be paid before the tax return is delivered to you or led for you. If you terminate this engagement before completion, you

agree to pay a fee for work completed. A retainer is required for preparation of late returns.

• You should keep a copy of the tax return and any related tax documents. You may be assessed a fee if you request a copy in the future.

Signatures. By signing below, you acknowledge that you have read, understand, and accept your obligations and responsibilities.

Taxpayer Title Date

The nature of our work requires us to collect certain nonpublic information. We collect nancial and personal information from applications,

worksheets, reporting statements, and other forms, as well as interviews and conversations with our clients and afliates. We may also

review banking and credit card information about our clients in the performance of receipt of payment. Under our policy, all information we

obtain about you will be provided by you or obtained with your permission.

Our rm has procedures and policies in place to protect your condential information. We restrict access to your condential information

to those within our rm who need to know in order to provide you with services. We will not disclose your personal information to a third

party without your permission, except where required by law. We maintain physical, electronic, and procedural safeguards in compliance

with federal regulations that protect your personal information from unauthorized access.

Fill Online, Printable, Fillable, Blank LLC Tax Organizer Use a separate organizer for Form

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Fillable LLC Tax Organizer Use a separate organizer for

Fill Online, Printable, Fillable, Blank LLC Tax Organizer Use a separate organizer for Form

Related forms

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