Business Tax Checklist
Table of Contents
Business Tax Documents
Corporate formation documents.
Report of all revenue earned during the year.
Report of all expenses during the year.
Busieness Expenses Documents
Advertising expenses.
Banking fees.
Business gifts.
Business-related education.
Charitable contributions.
Conference and convention fees.
Equipment and furniture.
Health-insurance premiums.
Insurance.
Interest and fees.
Losses from theft, fraud, damage from natural disasters.
Meals and entertainment.
Membership dues.
Moving expenses.
Office rent expenses.
Office supplies.
Postage and shipping expenses.
Professional fees including: legal help, accounting and bookkeeping, business consulting and marketing consulting.
Property taxes.
Repair and maintenance on the building, grounds, and equipment.
Retirement accounts for self and employees.
Salaries of employees.
Software costs.
Sales tax on items purchased for business usage.
Real estate tax on business property.
Employer's share of employment taxes.
Excise taxes and state income tax.
Telephone and telecommunications expenses.
Trade-show exhibition and/or attendance.
Travel expenses.
Utilities.
Tax Deduction
Employee remuneration can be deducted from your taxable income.
You may deduct both direct advertising expenses and promotional expenses.
You may deduct fees for attorneys and accountants.
You may deduct the purchase price for business equipment such as computers, machines or furniture.
You may deduct up to 50 percent of reasonable business entertainment and meal expenses.
You may deduct 100 percent of business travel expenses.
Your company may deduct 100 percent of any amounts paid for state and local taxes and taxes paid to any foreign government.
Corporations may deduct up to 10 percent for charitable donations.
Download or Print this Business Tax Checklist
Get a printable version of this checklist in your preferred format: PDF, Word, Excel, or print directly from your browser.
Presented by:
Jefferey Rondman
Stats
Views
59
Views: 59
Uses
24
Uses: 24
Tasks
45
Tasks: 45
Introduction
Details
Who it's for
This Business Tax Checklist is for teams that want consistent execution, less rework, and clear ownership.
- Standardize quality - run the same Business Tax steps every time, regardless of who executes
- Save time - reuse a proven Business Tax workflow instead of rebuilding processes from scratch
- Improve accountability - assign owners and see what's done vs. what's pending
- Onboard faster - use the Business Tax checklist as the SOP and training guide
- Coordinate across roles - handoffs are clear and everyone works from the same source of truth
How to use it
How to use this Business Tax Checklist:
- Start by saving it - save as a Template if you'll reuse it, or as a Checklist if it's a one-off project.
- Customize it once for your workflow - remove what doesn't apply and add your team-specific steps.
- Assign ownership and execute - set owners/due dates where needed and track completion as work happens.
- Reuse without rebuilding - when Business Tax comes up again, start from your saved version and run it with clear ownership.