Tax Prep Checklist

First, know your deadlines.

Businesses need to file on the state and federal level and get W-2 forms to employees by January 31, 2025.

Educate yourself on new tax laws.

The IRS instituted a new e-filing law in 2023, learn more here to see how your business is affected.

Next, investigate the forms and envelopes you need.

From W-2 to 1099 forms to envelopes, our expert-curated selection has you covered and next-day delivery gets it all to you fast.

Review employee and contractor files for accuracy.

• Confirm social security numbers for W-2 forms.
• Confirm employer identification numbers for 1099 forms.

Now gather important year-end and filing information.

Spending time collecting this data now will help streamline the whole process.

• Tax ID
• Prior year's tax returns
• Last year's balance sheet
• Run this year's balance sheet

You're ready to file.

Once you check you have everything correct, it's time to file. Be sure to keep an eye on those deadlines.

Save and store your documents.

The IRS has record-keeping guidelines for tax materials, so be sure to secure your documents to stay in compliance and prepared in the event of an audit.