At Sikka & Associates, we want to prepare your tax return as accurate as possible and we don’t want you to miss out on any eligible deduction. To help you organize your tax deductible business expenses, we have created number of checklists and worksheets. In order for an expense to be deductible, it must be considered an “ordinary and necessary” expense. You may include other applicable expenses. Do not include expense for which you have been reimbursed, expect to be reimbursed, or are reimbursable.

These worksheets are not all encompassing but represent the more common deductible expenses associated with the profession.

Please take a moment to click on one of the following links to download the appropriate checklist or worksheet and use it to gather up your year round income and expenses.

U. S. Treasury Circular 230 Notice: Any tax advice contained in this website was not intended or written to be used, and cannot be used, for the purpose of: (a) avoiding penalties that may be imposed under the IRS Code or by any other applicable tax authority; or (b) promoting, marketing or recommending to another party any tax-related matter addressed herein. We provide this disclosure to assure compliance with new standards of professional practice, pursuant to which certain tax advice must satisfy requirements as to form and substance.