What is the Tax Checklist?
The Heard Tax Checklist is a form that's used to collect basic information needed in order to begin drafting your tax return. Based on the tax needs you have communicated to us for the 2023 tax year, we’ll use your answers from the Tax Checklist so that we may begin filing your tax form.
What will I fill out in my Tax Checklist?
You'll review your business's income and expenses and make sure your books are accurate. If you were with us last year, you may remember that we had an "End-of-Year Review" task for you. This year, we've added that task into the Tax Checklist to remove redundant work.
You'll answer questions regarding any major life changes, as well as questions that pertain to possible deductions and credits you may qualify for.
What can I expect from the tax process once I’ve submitted my questionnaire?
- Your assigned tax preparer will reach out to you with additional questions once tax preparation has begun
- They will prepare a draft of your tax return
- They will let you know when your draft return is ready to be reviewed
This process will take 1-2 weeks once tax preparation begins. Once you receive an email from us that preparation has begun, we ask that you be available for the next 7 business days in order to address any questions in a timely manner.
When are annual taxes due?
Here are the list of filing deadlines for the 2023 tax year, based on your tax designation.
If you're filing as a Sole Proprietor, individual tax return as a Sole Proprietor (Form 1040) and are not tax ready by April 1, 2024, you will need to complete the extension survey in Heard to file an extension. This extends the filing deadline to October 16, 2024. Any payments due with the extension will be sent to you for approval before submission.
We’ll continue to remind you to complete your questionnaire as your filing deadline approaches. You can learn more about the form(s) we are filing for you in the Tax Center!