Why you need a 1065 Business Tax Return Checklist Template

1065 Business Tax Return, also commonly called a “Partnership Tax Return,” is how you help your business partnership clients report their financial information to the Internal Revenue Service (IRS).

As your client base grows and you hire more hands, you’ll need a standardized, efficient, and fast way of completing business tax returns for your clients. This is where our 1065 tax return checklist template comes in handy.

Our 1065 Business Tax Return checklist template was carefully created to include all the necessary steps needed to accurately complete business partnership tax returns. You can also customize it to fit your firm’s needs and share it with your team members.

How our 1065 Tax Return Checklist Template will help your firm

Our 1065 tax return checklist template will help your firm:

Accurately file tax returns without skipping any important steps:

You may be an expert at filing business partnership tax returns but you probably can’t say the same for all your employees. With our 1065 tax return checklist template that includes step by step instructions, every member of your team will accurately file business tax returns without skipping any important steps or making costly mistakes.

Manage heavy workload without skipping a beat during tax season:

Tax seasons are extremely busy, coupled with pressure from both upcoming IRS deadlines and clients, using our 1065 tax return checklist will help you and every member of your team complete business tax returns faster and more precisely.

Standardize and streamline processes across your firm:

Because everyone works differently, you may find that members of your team have different ways of completing work (with varying degrees of accuracy). Having a standardized way of completing processes through a checklist will save you from the headache that comes with inconsistent work.

Deliver excellent work that drives client satisfaction and referrals:

Our 1065 tax return checklist template was carefully created to help you and your firm accurately carry out business tax returns. And when your business tax returns help your clients save money, avoid penalties or get refunds from the IRS, they’ll eagerly refer their friends to your firm.

What you’ll find in our 1065 Business Tax Return Checklist Template

In our fully editable and customizable 1065 Business Tax Return Checklist Template, you’ll find:

  • A list of tasks (steps) to complete a business tax return
  • Space to indicate the status of each task
  • Due date
  • Assignee
  • Notes

Note: Remember that you can add or remove any of these items to fit your firm’s unique processes.

How to use our 1065 Business Tax Return Checklist Template

To use our 1065 tax return checklist template, simply:

  • Download the template
  • Or create an account with Financial Cents to access the template

After you’ve gotten your copy of the template:

  • Review each step and determine if you want to remove or add anything.
  • Optionally, you may add your logo to customize it to your firm.
  • Share it across your team via email or your file sharing platform.
  • You can also create a video to explain the tasks and any other important details to your team.

1065 Business Tax Return Checklist Template FAQs

Are the tasks in the 1065 tax return checklist template accurate?
Yes, they are. We created our 1065 tax return checklist template with feedback from bookkeepers and accountants like you. However, please review each task carefully and feel free to edit them to fit your firm’s unique needs.

Can I use the 1065 tax return checklist template for all business returns?
This checklist template is specifically for the business partnership (1065) tax return process.

Can I use the 1065 tax return checklist template within the Financial Cents application?
Absolutely! In fact, that’s the better way to use and maximize this template. In Financial Cents, you can create a project from this checklist template, making it easy for you and every member of your team to get work done. Financial Cents also gives you a great overview of all client work and projects so you never miss another deadline.

 

You may also be interested in: