Troast Consulting Inc.
310 Riverside Drive No. 202-4, New York, N.Y. 10025
YOUR ESTATE & TRUST TAX LOGISTICS:
January 29, 2010
To our estate & trust tax clients:
Please read the following instructions and check list of data needed for your tax returns carefully. Thank you.
Sharon & I are looking forward to getting your estate/trust taxes done for 2009 as early as possible. All 2009 tax documentation are required to be mailed to you by January 31st (except for forms K-1 -- let us know if any of these are outstanding) so you should have everything to us by February 15 at the latest. After you have received your documents please send them to us as soon as possible.
Your Tax Data is Due By:
In order complete your returns by April 15, 2010 we require all of your information in our office by mid to late February. After March 15, 2010 we reserve the right to extend the filing of your returns if we do not have complete information by this date. If you have any questions please e-mail arthur@troastcpa.com or call Arthur at 917 783 8691.
Partial checklist:
Specifically you need to send us all of the following that apply along with any other data that you have for your taxes:
1. 1099’s for dividends, interest, non-employee comp, anything else on form(s) 1099
2. K-1’s from partnerships, LLCs, trusts, S-Corps
3. Year end Brokerage Statements & related 1099-B from brokers
4. HUD statement for RE transaction,
5. Form 1098 for mortgage interest and realty taxes and the notice from your locality
6. 1099-G Government payments for refunds & more...
7. All new equipment acquired or capital expenditures in 09 including date, description and cost
8. A list of all of your estimated tax payments for 09 including dates, amounts, type: Fed/State/Local
9. Taxes paid
10. Charitable contributions
11. A checkbook register for the estate/trust
12. A summary of rental income and related expenses
13. A summary of any farm income and related expenses
14. Any other applicable tax documents or information
Auto, travel, meals & entertainment:
Please see:
http://www.troastcpa.com/Auto.htm
for Information needed to deduct expenses for use of business auto, travel, meals, entertainment & apparel. This is important. Otherwise these deductions can't be taken.
Please mail copies of your tax data to our office address at:
Arthur Troast, C.P.A.
310 Riverside Drive, No. 202-4
NY, NY 10025
Or for Beacon Wealth Management clients:
Beacon Wealth Management
65 Harristown Road
Glen Rock, NJ 07452
(Attn: Arthur Troast, C.P.A.)
To fax use: 212 666 9509 (its secure and only Art Troast sees this info)
When using e-mail, please e-mail BOTH Sharon & myself all documentation & questions.
Our e-mail is:
sharon@troastcpa.com
arthur@troastcpa.com
Consent Forms:
Finally we request that all Beacon Wealth Management clients please authorize us, as CPAs, to disclose to Beacon Wealth Management your tax return information to allow Beacon Wealth Management to assist you with wealth management services by signing and including the attached consent with the above requested tax information. Please click here for the consent form.
Retainer/Balance Due from last year:
We have also attached a partial retainer/deposit invoice to be applied to the final 2009 tax return preparation invoice that you will receive with your completed returns. Please include this deposit, along with the consent (if applicable), with your tax information that you send to us.
If you owe us for the 2008 tax return preparation a statement is attached. To avoid a conflict of interest/independence issue please pay now or we cannot prepare and we have no responsibility for your 2009 tax return.
Thank you.
Sincerely,
Arthur Troast, C.P.A.