Required Documents

• Articles of Incorporation
• Bylaws
• Operating Agreements
• Shareholder Agreements
• SS-4 that was used to get your Employer Identification Number (EIN)
• State Identification Number(s)
• Last Certificate of Corporate Good Standing
• Individual Tax Returns (Federal)
• Individual Tax Returns (State)
• Business Tax Returns (Federal)
• Business Tax Returns (State)
• S Corporation Election (Form 2553)
• Fiduciary Tax Returns (Form 1041)
• Trust Document
• Trustee Information
• Beneficiary Information
• Tax Exempt Tax Returns (Form 990 or Form 990-EZ)
• List of Officers
• Investments
• Carry-forward Schedules
• Tax Elections
• Contact Prior Preparer
• Basis Schedules

Financial Statements

• Profit or Loss Statement or Income Statement
• Balance Sheet

• Amount of the loan
• Date of transaction
• Interest rate
• Payments 

Also, attach a copy of the note if not previously provided

Ownership of Other Entities 

If the business owns an interest in any other entity including but not limited to a partnership, C corporation, LLC, S corporation, trust or disregarded entity, provide details

Paid Medical and Family Leave 

If the business provides paid medical and family leave to employees pursuant to a written policy, provide a copy of the policy. Also, for each applicable employee provide the: 

• Amount of wages paid
• Employee’s normal hourly wage rate
• Number of hours of leave for which the employee was paid

Cost Segregation Study 

If the business participate in a cost segregation study this year, provide the report

Unpaid Owner Expenses 

If there were unpaid expenses to owners at year end, provide detail

Vehicle Purchase or Lease 

If you acquired, leased or disposed of a vehicle used for business during this year, attach the purchase and sales contract or lease agreement

PPP Loans 

If your business received PPP funds include a copy of the application and documentation for loan forgiveness and the forgiveness response from the bank, if applicable

EIDL and State Funds 

If the business received any other funds/loans/grants (local, state, federal or other) related to the COVID-19 pandemic and economic recovery, such as an Economic Injury Disaster Loan (EIDL), provide details

Deferred Social Security Tax 

If the business deferred the deposit and payment of its share of Social Security tax for any quarter in 2020 (per the CARES Act), attach the payroll returns, if not already provided

Employee Retention Credit 

If the business claimed the employee retention credit and/or credits for qualified leave wages paid to employees due to paid sick leave or expanded family and medical leave for reasons related to COVID-19, attach the payroll returns, if not already provided

FMLA and Sick Leave 

If wages were paid out due to employees being on FMLA and Sick Leave, attach the payroll returns, if not already provided

Benefit Plans 

If the corporation has any of the following employee benefit plans, provide copies of plan documents: 

• Qualified Retirement Plans 
• Simplified Employee Pension (SEP) 
• Savings Incentive Match Plan for Employees (SIMPLE) 
• Cafeteria Plan 
• Non-qualified deferred compensation plan(s) or agreement(s)

Health Reimbursement Plan 

If you have a health reimbursement arrangement or otherwise reimburse your employees for medical expenses or health insurance premiums, provide a copy of Form 1094-C, Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns, if applicable

Restricted Stock 

If the corporation compensates employees or directors using restricted property, including options to purchase stock or restricted stock, provide details regarding the applicable terms of employment and any related grants, elections, exercises and/or vesting events during the tax year, including copies of any notices to and elections by employees

Life Insurance 

If the corporation purchase life insurance on any employees, provide a copy of the report of employer-owned life insurance contracts (Form 8925)

Fringe Benefits

If the corporation included taxable fringe or welfare benefits, such as health insurance, group-term life insurance, educational assistance, non-accountable expense allowances and personal use of corporate vehicles in compensation on employees’ Forms W-2 and, if applicable, subject such amounts to payroll taxes,provide a schedule of fringe benefits paid on behalf of each owner and indicate which accounts have been charged.

Owned 50% of Other Corporation 

If at year end, did the corporation own, directly or indirectly, 50% or more of the voting stock of a domestic corporation, provide:

• Corporation name
• Percentage owned
• A copy of those corporations’ current tax return

Owned 80% of Other Corporation 

If the shareholders owning 80% or more of this corporation own 80% or more of any other corporation, provide a copy of the other corporate tax return

Dividends Paid 

If the corporation paid dividends during the year, attach a schedule reflecting the:

• Date declared
• Date paid
• Amount and form of payment (cash, other)

Refinanced Debt 

If the corporation refinanced or restructured any outstanding debt this year, provide documentation

Partnership Ownership Change 

If there has been a change in partnership ownership since last year: 

• Report of a sale or exchange of certain partnership interest (Form 8308), if applicable
• If marketable securities were distributed, provide the date of distribution and fair market value at distribution date(s)

Payments Without Regard to Income 

If there were any payments to partners or members during the year for services or for the use of capital determined without regard to income, provide a description and the amounts involved for each partner/member

Partner Contributions 

If any partner or member contribute any assets to the partnership or LLC during the year, provide a schedule of such assets received including the date placed in service and the partner’s or member’s basis and fair market value in such assets

Assets Bought or Sold 

If any assets sold, retired or converted to personal use during the year, attach copies of purchase invoices

Property Bought or Sold 

If any the property was bought or sold during the year, provide the closing statement (Closing Disclosure) for each transaction

Research and Development 

If the business participate in any research and development (R&D) activities or perform an R&D tax credit study, provide the reports or details

Work Opportunity Credit 

If the business had employees eligible for the work opportunity tax credit, provide copies of certification for employees of target groups and associated wages paid

Direct Deposit or Debit 

If you want any federal or state refund deposited directly or tax payments made from your bank account, enclose a voided check or provide your bank routing number and account number