TAX SEASON 2023

Form

1065

Original Due Date:

March 15.

Due Date After Extension of Time:

September 15.

What is a 1065?

You are the owner of one or more companies registered as LLC with two or more partners. Therefore, we must complete Form 1065 for the tax return due on March 15, 2023.

If this is your company’s first year, or if you have changed your business activity during the year, please send us a brief description of the activity your company is engaged. Also, if there have been any changes in the partnership, please detail:

  • How the partnership was formed, including full name, address, and percentage acquired of any new partners and the date of the change.
  • The company’s current address, and if it has changed from the previous year.

Please send us the Trial Balance in Excel if you keep your accounting records.

If not, we need the following:

If your Company is engaged in Real Estate business, please send us:

  1. Bank statements exported from your bank in .xls or .csv format from January 1 to December 31, 2022. If the company has more than
    one bank account, the request applies to each of the company’s accounts.
  2. Bank account statements in PDF from January and December 2022 only. If the company has more than one bank account, the request applies to each of the company’s accounts.
  3. Credit card transactions exported from your bank in .xls or .csv format from January 1 to December 31, 2022.
    It applies to each credit card in the company’s name.
  4. Credit card account summaries in PDF from January and December 2022 only, from all credit cards in the company’s name.
  5. Documentation of property purchases or sales made during the year being reported (HUD, purchase/sale).
  6. Annual reports from the property management company with the results of the properties.
    Or detail of income and expenses by property.
  7. Description of the situation of security deposits and last month of rent anticipated to December 31, 2022.

If your Company is NOT dedicated to Real Estate business, you must send us the following:

  1. Bank movements exported from your bank in .xls or .csv format from January 1 to December 31, 2022. The request applies to each account if the Company has more than one bank account.
  2. PDF bank statements for January and December 2022 only. If the Company has more than one bank account, the request applies to each of the Company’s accounts.
  3. Movements of the Company’s credit card exported from your bank
    in .xls or .csv format from January 1 to December 31, 2022. It applies to each of the cards in the name of the Company.
  4. PDF account statements for January and December 2022 only of all the Company’s credit cards.
  5. If the activity of your Company presents Sales Tax, and we do not carry out that settlement, please send us the activity report for all of 2022.
  6. A detail of Accounts Receivable, Accounts Payable, and Inventory as of December 31, 2022.
  7. Additions and deletions of assets. Send a copy of the purchase and sale invoice and the address where those assets are located.

If you have questions or require more information, do not hesitate to contact us.

“You don't pay taxes–
they take taxes.” - Chris Rock