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Before you get those tax time blues...

Tax Worksheets

These worksheets were designed to aid you in gathering your tax information.  Please remember that they are only a guide and are not intended to be all-inclusive.  You may have an income item or incurred an expense that is not listed on our worksheet.  That doesn't mean it's not deductible.  Just list it under "other" and we can discuss it.

  Certain business professions have deductions common to that type of business.  To that end, we have put together worksheets that will help "remind" you of certain deductions.  Keep it handy all year as a reminder of the type of deductions that will help you reduce your taxes.

Tip:  No matter what the occupation, if audited IRS measures most deductions by two tests - ordinary and necessary.  Is the expense ordinary to your occupation and is it necessary to incur the expense in order to do your job?  If it meets both tests, there is a good chance it is deductible.  An ordinary expense is one which is customary in your particular line of work.  A necessary expense is one which is appropriate, but not necessarily esssential in your business.  The application of these terms to you relies heavily on the "facts and circumstances" of your unique situation.

Need the 2011 tax tables and rates?  Click here

Need a tax form or publication from IRS?   FTB?

Disclosure Authorization - Barb

Disclosure Authorization - Ana