Income Tax Organizer - Section Three

Business Income & Expenses
General Information

  Cash Basis Accrual Basis

Name of Proprietor __________________________________________

Principal Bus./Profession _____________________________________

Business Name ____________________________________________

Business Address __________________________________________

City, State, Zip ____________________________________________

Other Accounting Method ___________________________________

Income
Gross Receipts or Sales $___________________________

Returns and Allowances $___________________________

Other Income $____________________________________

Cost of Goods Sold - If Applicable
Inventory at Beginning of the Year $_______________________

Inventory at End of the Year $____________________________

Purchases $____________________________

Cost of Items for Personal Use $_________________________

Cost of Labor $_________________________

Materials and Supplies $__________________

Other Costs $__________________________

Expenses
Advertising $_____________________________

Car and Truck Expenses* $__________________

Commissions $____________________________

Employee Benefit Programs $________________

Insurance (other than health) $________________

Health Insurance
Premiums for Self, Spouse, and Dependents* $________________________

Interest Expense*
(paid to banks, etc.) $______________________

Legal and Professional Fees $_____________________

Office Expense* $___________________________

Pension and Profit
Sharing Plan Contributions $____________________________

Rent - Vehicles, Machinery,
and Equipment $___________________________

Rent - Other Business Property $______________

Repairs $__________________________________

Supplies $_________________________________

Taxes - Real Estate $________________________

Taxes - Other $_____________________________

Travel $____________________________________

Total Meals
and Entertainment $_________________________

Utilities $__________________________________

Wages Paid $______________________________

* Attach details

Did you dispose of any business assets (including real estate)?

Yes    No

If yes, attach details.

Did you have a home office during the year?

Yes    No

Rent $____________________ Utilities $________________

Insurance $________________ Janitorial $_______________

Misc._________________ % of exclusive business use_______


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Donald M. Scherzi, CPA, CFP
6156 Drake Street
Jupiter, FL 33458
(561) 746-1926
FAX: (561) 747-2504
Cell: (561) 339-8102
E-mail: donaldcpa@bellsouth.net