As Tax Accountants we are ethically bound to help you
pay the lowest tax you are legally required to pay. This list
will help us do our job. It is a concise, though not exhaustive,
outline of some of the documents we will need when we meet with
you.
A
copy of last year's Federal and State tax returns.All
statements of income, such as:W-2'sInterest and Dividend statements
(Form 1099)Pension income amounts including
Social SecurityIndividual Retirement Account
contributions or withdrawalsUnemployment income statementsTrust, "S" corporation,
and/or Partnership income amounts (Form K-1)If
you sold or purchased a home, locate all closing
statements on the sale of the old home as well as the
Federal tax return for the year in which your old home
was originally purchased. We
will also need to know the original cost as well as any
major improvements that were made to the home while you
owned it.
Amounts
of mortgage interest and points paid (Form 1098), real
estate and auto excise taxes paid, charitable donations
(both cash and non-cash), and "out-of-pocket"
medical expenses.
Records
of child care expenses including amounts and payee
Lists
of any job related expenses, such as:
Moving expenses (if your move was job
related)Tools and other equipment such as
computers, etc.Safety clothing and uniformsProfessional books, journals, dues,
union dues, etc.Amounts of any estimated tax payments
Details
of any capital gains transactions
If you
own rental property or a small business, we will need to
see the records pertaining to the property or business
Be sure to consult a
if you think any of the matters discussed
in our world wide web page concerns you or your business: this is
not intended to be the complete story. Also, be sure your tax
advisor is one of your area's many qualified Tax Accountants. Be
smart, entrust this very important job to a qualified
professional.
of Redondo Beach, CA 