Tax Appointment Checklist

When you prepare your taxes with Perfect Balance Accounting, you will have a team of experts who are fully dedicated to you and your needs. We care about all your financial interests and will gladly help in the areas where we can. Whether it is personal or business related, let Perfect Balance Accounting provide you the best services at a fair cost. Regardless of company size, our clients should expect our utmost attention. When it comes to your taxes, you want to ensure there are no mistakes before submission. Any errors or missing information can be the difference between saving or owing hundreds. With our highly experienced tax professionals, you will have the opportunity to receive the best tax return or owe the least taxes possible.

We want you to feel like you are our only client. That is why when we meet with you, we want to provide all the help that you may need. You will also be informed of the whole process of the services you are interested in. If there are any questions or concerns, we will explain the step(s) in more detail, giving you all the who, what, where and whys.

For our Tax services, we will require a series of information and data, to properly file your forms, giving you a greater possibility of receiving additional benefits. The types of information that we require include:

  • Personal Information
  • Income Data
  • Expense Data

Each category requires a list of information, which you can find on our Tax Appointment Checklist. Before our initial appointment, it is important to gather this information to provide to your personal specialist. Any questions on the checklist can be asked in advance or during the time of your meeting. We will be more than happy to assist you with gathering the right information to help further along the process.

Why keep track of your records?

We highly recommend keeping track of all your personal information, income data and expense data, to give you the most from your taxes. You may receive money or property from a variety of sources. Your records can identify the sources of your income. You need this information to separate business from nonbusiness income and taxable from nontaxable income. You need to keep records that show the basis of your property. This includes the original cost or other basis of the property and any improvements you made. You may forget to report an expense or the proper total of expenses, unless you record it when it occurs. You can use records to identify expenses for which you can claim a deduction. This will help you determine if you can itemize deductions on your tax return. You must keep records for several years in case the IRS has a question about an item on your return. If the IRS examines your tax return, you may be asked to explain the item reported. Good records will help you explain any item and prove the correct amount for your income or deductions with a minimum of effort. If you do not have records, you may have to spend time getting statements and receipts from various sources. If you cannot produce the correct documents, you may have to pay additional tax and be subject to penalties.

To learn more about what information to keep track of, visit our Record Retention Guide to best assist you or contact our Tax and Accounting Specialists.

We are also dedicated to providing you with a broad variety of other tax and accounting services at a very affordable price. Let Perfect Balance Accounting handle your Tax and Accounting matters, leaving you more time for yourself, family or your business. Call now for a free, no-obligation consultation.

Download Tax Appointment Checklist