What documents are required for tax clients to be approved for compliance?

What documents are required for tax clients to be approved for compliance?

To ensure compliance, we require specific documents from all tax clients, including:
  • Identification for the taxpayer.
  • Identification for the spouse (if applicable).
  • Identification for dependent(s) if applicable.
  • Examples of acceptable identification include a driver's license, US passport, insurance card, or any government-issued document with the name and birthdate or social security number.
  • Any Schedule C amounts in the income or expenses section totaling over $15,000 require at least half of the receipts as proof or a summary of income and expenses spreadsheet.
  • A due diligence self-employment form.
  • Income documents such as W-2s, 1099s, or other documents reflecting the tax return.
  • Signature forms signed by the taxpayer.