S CORPORATION TAX ORGANIZER (1120S)
(SHORT VERSION)
ORGANIZATION NAME:
____________________________________________________________
ADDRESS:
____________________________________________________________
____________________________________________________________
TELEPHONE NUMBER:
____________________________________________________________
FAX NUMBER:
____________________________________________________________
E-MAIL ADDRESS:
____________________________________________________________
TAX YEAR ENDING:
____________________________________________________________
FEDERAL ID NUMBER:
____________________________________________________________
STATE ID NUMBER:
____________________________________________________________
Enclosed is an organizer that we provide to our tax clients to assist in gathering the information necessary to prepare the
current year tax returns.
The Internal Revenue Service matches information returns with amounts reported on income tax returns. A negligence
penalty may be assessed where income is unreported. Accordingly, all Forms 1099, Schedules K-1 and other information
returns reflecting amounts reported to the Internal Revenue Service should be submitted with this organizer.
Your corporate income tax returns are due on March 15, 2010. In order to meet this filing deadline, your completed tax
organizer needs to be received no later than February 15, 2010. Any information received after this date may require an
extension of time to be filed for this return.
Please Note:
If an extension of time is required, any tax that may be due must be paid with the extension. Any taxes not paid by
the filing deadline may be subject to late payment penalties and interest when those taxes are actually paid.
We look forward to providing services to you. Should you have any questions regarding any items, please do not
hesitate to contact us.
Tax Year 2009
Page 1 of 4
Solutions Tax & Bookkeeping, LLC
S CORPORATION TAX ORGANIZER (1120S)
(SHORT VERSION)
1120 Corporate Tax Return Engagement Letter
This letter is to confirm and specify the terms of our engagement with ____________________________________ for
the year(s) ended _____________ and to clarify the nature and extent of the services we will provide. Also, by signing
this engagement letter we will have presumed that you are the person responsible for the tax matters of the
partnership. If this is not a correct presumption, please furnish us with the name of the tax matters partner.
Our engagement will be designed to perform the following services:
1. Prepare the federal, state and local income tax returns with supporting schedules.
2. Perform any bookkeeping necessary for preparation of the income tax returns.
Our work in connection with the preparation of your income tax returns does not include any procedures designed to
discover defalcations or other irregularities, should any exist.
We will use professional judgment in resolving questions where the tax law is unclear, or where there may be conflicts
between the taxing authorities’ interpretations of the law and the supportable positions. Unless otherwise instructed by
you, we will resolve such questions in your favor whenever possible.
The law provides various penalties that may be imposed when taxpayers understate their tax liability. If you would like
information on the amount or the circumstances of these penalties, please contact us. Because this is an entity whose
tax attributes flow through to its partners or members, the penalty for substantial understatement of tax relating to this
entity may be imposed on the partners or members.
Management is responsible for the proper recording of transactions in the book of accounts, for the safeguarding of
assets, and for the substantial accuracy of the financial records. You have the final responsibility for the income tax
returns; therefore, you should review them carefully before you sign and file them.
The filing deadline for the tax return is March 15, 2010. In order to meet the filing deadline, we should receive the
information needed to complete the return no later than February 15, 2010.
If an extension at this time is required any tax that may be due with the return must be paid with the extension. Any
amounts not paid by the filing deadline are subject to interest and late payment penalties.
Your returns may be selected for review by the taxing authorities. Any proposed adjustments by the examining agent
are subject to certain rights of appeal. In the event of such government tax examination, we will be available upon
request to represent you and will render additional invoices for the time and expenses incurred.
Our fee for these services will be based upon the amount of time required at standard billing rates plus out of pocket
expenses. We are requesting an initial nonrefundable retainer of $100, prior to commencement of any work. All
invoices are due and payable upon presentation. Interest accruals are assessed monthly at 1-1/2% on the outstanding
balance.
Subject to applicable professional or other guidelines, we may withdraw from the engagement by sending written notice
thereof to you by e-mail, fax, or US mail.
Tax Year 2009
Page 2 of 4
Solutions Tax & Bookkeeping, LLC
S CORPORATION TAX ORGANIZER (1120S)
(SHORT VERSION)
If the foregoing fairly sets with your understanding, please sign the enclosed copy of this letter in the space indicated
and return it to our office. However, if there are any additional returns you would like for us to prepare, please inform us
by noting so just below your signature at the end of the returned copy of this letter.
We want to express our appreciation for this opportunity to work with you.
Sincerely,
Solutions Tax & Bookkeeping, LLC
Client Acceptance
Accepted By: _______________________________________________
Signature
_______________________________________________
Printed Name
_______________________________________________
Date
Comments:
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________
Tax Year 2009
Page 3 of 4
Solutions Tax & Bookkeeping, LLC
S CORPORATION TAX ORGANIZER (1120S)
(SHORT VERSION)
Corporation Name: ________________________________________
Tax Period:
___________________
Address:
________________________________________
Federal ID #:
___________________
________________________________________
State ID#:
___________________
Please provide a general ledger, trial balance, depreciation schedules, balance sheet and profit and loss statement by activity or a copy of your
QuickBooks Company File. If this is the first year we will prepare your tax return(s), provide copies of your tax returns from the
previous three (3) years. In addition provide the following information:
DONE
N/A
1. Copies of Correspondence with Tax Authorities regarding changes to prior year(s) returns.
_____
_____
2. Details of changes in stock ownership.
_____
_____
3. For each shareholder TIN, compensation, percentage of ownership, time devoted to business, date ownership
acquired and detail of distributions received.
_____
_____
4. Schedule of all fringe benefits paid on behalf of more than 2% shareholders and indicate which benefits have
have been included in their Forms W-2.
_____
_____
5. Schedule of loans to/from shareholders, officers and related parties including interest rates and payment
schedules.
_____
_____
6. Copies of all deferred compensation plans and agreements.
_____
_____
7. Copies of all federal and state payroll reports filed including Forms W-2/W-3, 940, 941.
_____
_____
8. Copies of Forms 1099/1096, 5500, 1042, 5471, 5472, 8865, 8858, and 8886 that have been filed.
_____
_____
9. Copies of Forms 1099, 5471, 5472, 8865, 8858, 8886, and Schedules K-1 that have been received.
_____
_____
10. Schedule of built-in gains.
_____
_____
11. List of all entries in prepaid, accrued, and income tax expense accounts, including dates and amounts of
all federal, state and local income tax payments and refunds.
_____
_____
12. Schedule of all interest and dividend income not on Forms 1099.
_____
_____
13. Schedule of assets acquired and/or sold during the year including date acquired, date sold, sales or
purchase price, including any trade-in allowance. Include Form HUD-1 for real estate transactions.
_____
_____
14. Copy of the inventory uniform capitalization computation.
_____
_____
15. Schedule of charitable contributions (cash and non-cash).
_____
_____
16. Detail of any lobbying expenses.
_____
_____
17. List of potential non-deductible expenses, such as penalties and life insurance premiums.
_____
_____
18. Schedule of any club dues paid.
_____
_____
19. Vehicle and mileage (January - December) data for company-owned passenger vehicles.
_____
_____
20. Information to compute the domestic production activities deduction.
_____
_____
21. List of all entries in miscellaneous income/expense accounts.
_____
_____
22. Detail of meal and entertainment expenses.
_____
_____
23. List each type of trade or business activity or rental activity, indicating the date started or acquired.
_____
_____
24. List of activities conducted in other states, including gross receipts, property, payroll, and rents by state.
_____
_____
Can the Internal Revenue Service discuss questions about this return with the preparer?
Tax Year 2009
Page 4 of 4
Yes_____
No_____
Solutions Tax & Bookkeeping, LLC