Small Business by huangyuarong

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									          Michele Knight, CPA                                             2011 Small Business/Home Office Tax Organizer                                                phone: 303-598-4413
          Knight Accounting Technology, LLC                                                                                                                              fax: 303-374-5665
          www.cpamichele.com                                                                                                                                  email: cpa@cpamichele.com
Business Name                                                                                                                           Actuals only, estimates are not acceptable.
Corporate Formation (LLC, Sole Prop, S Corp, etc)?                                                                                      Nothing should be entered twice on this spreadsheet,
Date Business Began                                                                                                                                either enter on page 1 or page 2, not both.
Federal Tax ID#

                                                   Jan       Feb       March       April       May        June       July         Aug       Sept        Oct         Nov         Dec        SUM
Gross Sales                                                                                                                                                                            $     -
Personal $ Deposited into Biz                                                                                                                                                          $     -
IRS Suggested Expense Categories
Advertising                                                                                                                                                                            $         -
Commissions                                                                                                                                                                            $         -
Contract Labor (get W-9 for anyone hired)                                                                                                                                              $         -
Insurance (business-specific, not health)                                                                                                                                              $         -
Interest Expense (on business loans)                                                                                                                                                   $         -
Legal & Professional Services                                                                                                                                                          $         -
Office Expense                                                                                                                                                                         $         -
Rent - machinery & equipment                                                                                                                                                           $         -
Rent - office space                                                                                                                                                                    $         -
Repairs & Maintenance                                                                                                                                                                  $         -
Supplies                                                                                                                                                                               $         -
Taxes & Licenses                                                                                                                                                                       $         -
Meals & Entertainment                                                                                                                                                                  $         -
Travel (hotels, flights, rental cars, taxis)                                                                                                                                           $         -
Utilities (business only, not home office)                                                                                                                                             $         -
Wages (please attach copy of W-3)                                                                                                                                                      $         -
Other Commonly Used Categories
Bank Charges                                                                                                                                                                           $         -
Dues, Subscriptions, Continuing Ed                                                                                                                                                     $         -
Education                                                                                                                                                                              $         -
Gifts (up to $25 per person)                                                                                                                                                           $         -
Laundry & Cleaning                                                                                                                                                                     $         -
Miscellaneous (should be avoided!!!)                                                                                                                                                   $         -
Outside Services                                                                                                                                                                       $         -
Parking & Tolls                                                                                                                                                                        $         -
Postage & Shipping                                                                                                                                                                     $         -
Telephone                                                                                                                                                                              $         -
Uniforms                                                                                                                                                                               $         -
___________________________                                                                                                                                                            $         -
___________________________                                                                                                                                                            $         -
Total Withdrawals                              $     -   $     -   $      -    $      -    $     -    $     -    $      -     $     -   $      -    $     -     $     -     $     -    $         -
Operating Profit                               $     -   $     -   $      -    $      -    $     -    $     -    $      -     $     -   $      -    $     -     $     -     $     -    $         -
Safe Estimate Amount of Income to Pay Est. Taxes on:               $    -                  $     -                           $     -                                       $     -
Pay 30% to Fed (Form 1040-ES) & 5% to State (Form 104-EP)          Due 4/15                Due 6/15                          Due 9/15                                      Due 1/15




                                                                                                                     3 Locations in Denver Metro: Denver West, Louisville, Highlands Ranch
          Page 1 of 2                                                                                                                       Mailing Address: PO Box 2948, Dillon, CO 80435
         Michele Knight, CPA                                            2011 Small Business/Home Office Tax Organizer                                                 phone: 303-598-4413
         Knight Accounting Technology, LLC                                                                                                                              fax: 303-374-5665
         www.cpamichele.com                                                                                                                                  email: cpa@cpamichele.com
                                             Jan         Feb       March         April      May          June       July       Aug        Sept        Oct        Nov           Dec        SUM
Inventory Purchases                                                                                                                                                                   $     -
Beginning Inventory, as of January 1st                                                                                                 Ending Inventory, as of Dec. 31st
                                                                                                                                       Cost of Goods Sold                  $     -
                                                                                     Date
                Year, Make, Model of Car                                       Placed in Service?                               Do you maintain written mileage records?        yes   / no
total business miles driven                                                                                                                                                                  -
total number of miles driven                                                                                                                                                                 -

New Asset Purchases & Description            Date        Price
(please list assets such as computers, software, telephones, furniture and other large items costing more than $100)


                                                                                                    A few notes on the small business organizer:
                                                                                                    1) This is not a perfect substitute for proper double-entry bookkeeping, such as
                                                                                                    QuickBooks. It is a tool to help you track income and expenses if you have no other
                                                                                                    means, but I always recommend a proper accounting system. This organizer is also
                                                                                                    not meant to be used without a tax professional interpreting the results, as tax
                                                                                                    laws and treatment of various expenses changes from year to year.

Did you use a home office to manage your business? If so, please fill out:                          2) You should read both pages before you begin filling out the organizer. No
Total Home Square Footage                                                                           expense should be entered in more then 1 place (for example, travel expense on
Total Home Office Square Footage                                                                    page 1 should NOT include automobile mileage requested on page 2, and insurance
                                                                                                    on page 1 relates to business insurance, where as insurance on page 2 relates to
Purchase Price & Date of House         $                    -
                                                                                                    the home office).
Additional Improvements Added to Basis $        -

Annual Cost of Expenses Related to Your Home Office (not your rental property)                      3) The categories listed above are generally accepted by the IRS. It is rare that you
Mortgage Interest                                                                                   would need to add a new category, as almost all expenses fit into at least one of
Real Estate Tax                                                                                     the categories above. If you feel that you need to add a category, enter on the 2
Homeowners or Rental Insurance                                                                      blank lines at the bottom of the expense list. Adding additional rows or columns
Rent
                                                                                                    could break the formulas embedded in this spreadsheet.
House Repairs & Maintenance
Office-specific Repairs & Maintenance
Utilities: Gas, Electric
Utilities: Water
Utilities: Home Telephone
HOA Dues
Other Expenses, please describe

Notes:




                                                                                                                   3 Locations in Denver Metro: Denver West, Louisville, Highlands Ranch
          Page 2 of 2                                                                                                                     Mailing Address: PO Box 2948, Dillon, CO 80435

								
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