If the business owns any vehicles that are used by employees or shareholders/partners for personal and business use, you'll need the following mileage information:

• Miles driven for business
• Personal miles
• Commuting miles

Taking a little time to gather your tax-related documents will pay off, in time saved and frustration eliminated. Try it and see for yourself!

• Information for all partners entered in one place
• Multiple activity reporting
• Four K-1 rounding options
• customizable methods of special allocations by ratio or amount
• Special Allocation Reconciliation Reports
• Capital Account Reconciliation Report
• Print K-1 schedules with the tax return or separately.
• Schedule K Reconciliation Report
• M-1 reconciliation worksheet to assist entering permanent and timing book versus tax differences
• Import from
• Import trial balance information from popular accounting packages
• Integrated state business software is also available
• Automatic self-employment earnings calculations
• Weighted average calculations
• Ratio analysis of key financial information