Small Business and Normal (Non Travelers)

Workbook and Forms

2020 Workbook

For us to do your taxes, the workbook needs to be filled out and submitted to us. If a section does not apply to you, put N/A and skip that section.  We need to make sure we are covering all aspects of your US filing requirements.

TO USE THE WORKBOOK AS A PDF FILL, YOU MUST DOWNLOAD ADOBE READER PROGRAM IF NOT ON YOUR COMPUTER (It is a free download, no sign up/password required).  Save the workbook on your computer. Then OPEN THE WORKBOOK IN THE ADOBE ACROBAT READER DC PROGRAM (because just installing it isn’t enough, you will have to make sure you use it).  You will then be able to type and save it as often as you need to using Adobe Reader (download Adobe here). Or you can just print it out and handwrite the answers.

Should you have your business records in another format (excel or Quickbooks), you can just email those to us and note that in the workbook.

2020 Workbook

Ready to Get Started?

Confused about traveler taxes? Don’t know where to start filing a Crossborder or International return? Look no further! We are here to help! Please review our process below to get started!

Frequently Asked Questions

What is the point of defining a refund? By explaining first what it is not. It is NOT free cash that a conniving tax preparer embezzles from the government. (haha!)

So what is it? It is a result of too much money being withheld from a paycheck. That’s all. That is why the IRS calls it an OVERPAYMENT. Look at the bottom lines of a tax return and you will see that the IRS is refunding the overpayment. At the end of the year “the books are settled” when the tax return is filed. Too much withheld = refund; not enough put in = owe.

Does the person that gets a $4,000 refund realize they overpaid the government by $330 every month? And then they say they need their tax refund to pay off bills!

What needs to be kept and for how long? Because the IRS has up to 3 years to audit a return, and often they notify taxpayers about 2 years into that time period. How well can you remember what you did 3 years ago? Some travelers have to recreate their assignments with correct dates and expenses or pay thousands to the IRS because the records have been lost.

Anything used to obtain the numbers on the tax return needs to be kept 6 years and you should probably extend that to 7 years to cover the end of the year. (If the IRS suspects major issues with unreported income, and travelers have a lot of income tied up in reimbursements, they can then open the audit up to 6 years.)

Only the after-tax expenses are eligible to be claimed as a deduction.
– Most employer-provided health insurance is paid for with pre-tax money (taken out of your paycheck) and does not qualify.
– Any medical expenses paid out of a Flexible Spending Account or a HSA are pre-tax and do not qualify.

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