Create a schedule to the income statement mapping QuickBooks classes to IRS business activity codes for a professional-services LLC preparing Form 1120-S

Generate create a schedule to the income statement mapping quickbooks classes to irs business activity codes for a professional-services llc preparing form 1120-s for Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry

Accounting, Tax Preparation, Bookkeeping, and Payroll Services

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Max size: 50MB

Upload the complete QuickBooks Chart of Accounts export including all classes with P&L mapping for the tax year
Select the tax year end date for this 1120-S filing
Select the primary IRS business activity code for professional services based on your largest revenue source
Specify how each significant QuickBooks class should map to appropriate lines on Form 1120-S Schedule K based on your business activity
Select your revenue recognition method per ASC 606 for professional services contracts
Define the threshold for treating QuickBooks classes as material requiring separate disclosure
Select specific IRS compliance areas that apply to your professional services LLC
Specify how the 1120-S should integrate with financial statements prepared under different basis
Provide any special circumstances, related party transactions, or unique business activities that affect the income statement to Form 1120-S mapping
Specify the required review sophistication based on business complexity and client needs