V. Preparing Your Tax Return(s) and InformationReturns

Preparing Your Tax Return(s) and Information Returns

• What Are Business Taxes

• Annual Income Tax and Information Returns

• Schedule C-EZ [Net Profit from Business]
• Schedule C [Profit or Loss from Business]
• Schedule F [Profit or Loss from Farming]
• Form 1120 [U.S. Corporation Income Tax Return]
• Form 1120S [U.S. Income Tax Return for S Corporations]
• Form 1065 [U.S. Partnership Return of Income]

• Employment Taxes

• Checklist for Filing Employment Tax Returns

• Form 941, Form 941 TeleFile, Employers Quarterly Federal Tax Return
• Form 940, and Form 940EZ, Employers Annual Federal Unemployment Tax Return (FUTA)
• Form 945, Annual Return of Withheld Federal Income Tax
• Form 943, Employers Annual Tax Return for Agricultural Employees

• Estimated Tax

• Form 1040 ES, Estimated Tax for Individuals
• Form 1120-W, Estimated Tax For Corporations

• Information Returns

• Checklist for Information Returns

• Form W-2, Wage and Tax Statement
• Form 1099-MISC, Miscellaneous Income
• Form 1096, Annual Summary and Transmittal of U.S. Information Returns
• Form 8300, Report of Cash Payment Over $10,000 Received in a Trade or Business

• Self Employment Tax

• Form 1040 SE, Self-Employment Tax

• Alternative Minimum Tax

• Excise Taxes

• Form 2290, Heavy Highway Vehicle Use Tax
• Form 720, Quarterly Federal Excise Tax Return
• Form 730, Tax on Wagering
• Form 11-C, Occupation Tax & Registration Return for Wagering
• ATF Forms

• Reporting Business Losses

• Net Operating Loss
• Hobby Loss
• Casualty Loss
• Passive Activities and At Risk Rules
• Passive Activity Losses (MSSP Guide)

• General Business Credits
• Earned Income Credit
• Reporting Disaster Losses
• Common Errors in Preparing Returns