I wouldn't normally want to ask this kind of question here as tax questions are always advised to be directed to CPAs and tax attorneys.
However, I got a CPA that I want to file my tax for and he's asked me for information that I am not sure what the significance is and I haven't been able to reach him. I want to give estimates but I am also not sure if these are super important numbers that needs to be exact. This is for year 2016 filing.
· Ending cash balance of the business checking account as of end of year 2016
· Any outstanding loans and credit card balances as end of year 2016
Thank you for anyone that can help.
However, I got a CPA that I want to file my tax for and he's asked me for information that I am not sure what the significance is and I haven't been able to reach him. I want to give estimates but I am also not sure if these are super important numbers that needs to be exact. This is for year 2016 filing.
· Ending cash balance of the business checking account as of end of year 2016
· Any outstanding loans and credit card balances as end of year 2016
Thank you for anyone that can help.