Business tax organizer 2025

1. Click ‘Get Form’ to open the business tax organizer in the editor.
2. Begin by filling out the 'General Business Information' section. Enter your business name, type of business, email, phone number, and address. Make sure to select the appropriate business structure (Sole Proprietor, S-Corp, C-Corp, LLC, or Partnership) and provide your EIN or SSN.
3. Next, move to the 'Income & Expenses' section. Input your total income from 1099s and other revenue sources. Document your cost of goods sold and any returns or allowances.
4. Proceed to list all relevant expenses such as advertising, materials, automobile expenses, and more. For vehicle-related expenses, complete the designated fields including mileage details.
5. In the 'Office in Home Expenses' section, specify the area used exclusively for business and total home area. Fill in applicable expenses like mortgage interest and utilities.
6. Finally, if you purchased new equipment over $500 that will last longer than a year, list these items on a separate page with their purchase date and price.

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