What to bring for tax preparation

· Photo ID REQUIRED-NO EXCEPTIONS

· Social Security Cards, Social Security Number verification letters, or Individual Taxpayer Identification Number assignment letters for you, your spouse, and any dependents

· Birth dates for you, your spouse, and dependents on the tax return

· Bank account and routing number or a voided check for direct deposit of your refund

• Employment Income 
• W-2 form(s) for all jobs last year (your employer(s) will have sent you this by January 31st)
• Self-Employment Income
• 1099-NEC and/or 1099-K 
• Records of income not reported on 1099 forms
• Records of expenses including receipts, credit statements, etc. 
• Record of estimated tax payments Retirement Income
• SSA-1099 form for Social Security benefits
• 1099-R for pension/IRA/annuity income Unemployment Income
• 1099-G for unemployment benefits Other sources of income
• 1099-G for refund of state/local income taxes
• 1098-T for scholarships/fellowships
• 1099-R for disability income
• Income or loss from the sale of stocks, bonds, or real estate
• Income or loss from rental property
• Alimony received 
• Statements for prizes or lottery/gambling winnings
• Interest and dividend statements from banks
• Records for any other income 

• Retirement contributions, including a 401(k) or IRA
• State and local taxes you’ve paid
• Mortgage statements and property tax bills if you are a homeowner
• College tuition (1098-T) and student loan statements (Form 1098-E)
• Childcare expenses, including payment records or receipts and provider’s name, address, and federal tax ID number (either their Social Security Number or Employment Identification Number)
• Receipts for charitable donations
• Medical and dental bills
• Records for supplies used as an educator over $250

• IRS Notice 1444, 1444-B or 1444-C 
• IRS Letter 6419 for Child Tax Credit advance payments received in 2021
• IRS Letter 6475 for EIP3- 3rd Economic Impact Payment/Stimulus 
• Form 1095-A if you had coverage through the Health Insurance Marketplace
• Anything from the IRS regarding Health Insurance Marketplace, your state tax agency, or anything marked "IMPORTANT" for taxes 

Scope of Services

At TIax  And Business Solutions, we will conduct a full QuickBooks cleanup including, but not limited to:

Initial Review & Assessment

- Analyze current chart of accounts, bank/credit card connections, and balance sheet

- Identify duplicate, uncategorized, or misclassified transactions

- Check for unreconciled accounts and open invoices/bills

Account Cleanup

Reports & Recommendations for our clients at ITTax and Business Solutions.

Our remote bookkeeping services start at just $225 per month for up to 1 hour and include a variety of features. With ITTax And Business Solutions, we will set up your online bookkeeping account using secure portal access logins. You will have remote access to review your account 24/7, allowing you to approve the setup process at your convenience. We will ensure the ongoing accuracy of your books by reconciling your accounts every month. Additionally, our team at ITTax And Business Solutions will generate detailed reports to help you make informed decisions and understand your cash flow better. As your trusted partner in tax and business solutions, we guarantee you our best services, including our specialized tax solutions at ITTax and Business Solutions.

When considering your tax solutions with iTax Solutions, be sure to gather important documents such as retirement contributions, including a 401(k) or IRA. Don’t forget to include state and local taxes you’ve paid, along with mortgage statements and property tax bills if you are a homeowner. Additionally, if you have college expenses, collect your college tuition forms (1098-T) and student loan statements (Form 1098-E). For those with children, document childcare expenses, which should include payment records or receipts along with the provider’s name, address, and federal tax ID number (either their Social Security Number or Employment Identification Number). Remember to keep receipts for charitable donations, medical and dental bills, and records for supplies used as an educator over $250. Utilizing tax and business solutions from ITTAX and Business Solutions can help you effectively manage these documents and maximize your deductions. If you are in town, consider exploring tax solutions with ITTAX And Business Solutions  for tailored assistance.