Partnerships What To Bring

General Business Information:

• Employer Identification Number (EIN).

• Prior year's federal, state, and local tax returns.

• Partnership agreement.

• A list of all states where the partnership has nexus.

• Proof of estimated tax payments.

Financial Records:

• Trial balance report.

• Profit and Loss Statement (Income Statement).

• Balance Sheet.

• Bank and credit card statements.

• Reports of federal and state payroll taxes paid (Forms 940 & 941).

Partner Information:

• Name, address, and SSN/EIN of each partner.

• Reports of all capital contributions, withdrawals, or loans.

• Information on each partner's share of income, deductions, and credits.