Be prepared. Stay compliant. Maximize your deductions.
By CMCPA Services – Helping U.S.-Based Entrepreneurs Stay Tax-Ready Year-Round
🗂️ 1. Organize Your Business Documents
✔️ Business Registration (EIN, LLC, S-Corp docs)
✔️ Prior Year’s Tax Return (Federal & State)
✔️ Articles of Incorporation or Partnership Agreement
✔️ IRS Correspondence (if any)
📊 2. Update Your Bookkeeping
✔️ All income and expenses recorded
✔️ Bank & credit card statements reconciled
✔️ Categorized transactions (with receipts if possible)
✔️ Accurate chart of accounts
✔️ Up-to-date financial reports (P&L, Balance Sheet, Cash Flow)
🧾 3. Collect Your Tax Documents
✔️ 1099-K / 1099-NEC / 1099-MISC forms
✔️ W-2s (if you have employees)
✔️ Business loan statements & interest paid
✔️ Asset purchases or disposals (equipment, vehicles)
✔️ Estimated tax payments made (IRS & State)
💼 4. Track Deductions & Credits
✔️ Home office expenses (sq. ft. + bills)
✔️ Mileage or vehicle expenses (with logs)
✔️ Internet, phone, and software tools
✔️ Professional services (legal, accounting, etc.)
✔️ Business meals, travel, and marketing costs
✔️ Depreciation on business assets
✔️ Employer credits (if applicable)
📆 5. Key Deadlines to Remember
📌 January 31 – 1099s & W-2s due to contractors/employees
📌 March 15 – S-Corp / Partnership tax return deadline
📌 April 15 – Individual & single-member LLC tax return
📌 Quarterly – Estimated taxes due: Apr 15, Jun 15, Sep 15, Jan 15
👩💼 BONUS: Work With a Professional
Don’t wait until the last minute. Avoid costly mistakes and missed deductions.
🎯 Book a FREE Consultation with CMCPA Services
📅 Schedule here: Book a Call
📧 Email: mcmworkz@gmail.com
🌐 Website: cmcpaservices.com
