Small Business/Schedule C Checklist
Gross receipts or sales
Cost of goods sold which includes:
A list of all ordinary and necessary expenses relating to your business listed by category
Assets and equipment purchased in the tax year for your business with the following information:
Did you sell or take any equipment out of your business during the tax year? Was a vehicle traded in? We need to know this information and the details.
For business vehicles, we will need to know the following information:
YOU NEED TO KEEP EVIDENCE TO SUPPORT YOUR MILEAGE IN CASE OF AUDIT (LOG BOOK, CALENDAR)