Free Download
The 14-Point Year-End Tax Prep Checklist.
The same checklist we run before delivering financials to every Books Ready Now client. Free instant download.
Year-End Engagement · Internal SOP
The 14-Point Year-End Tax Prep Checklist
Bank & credit card reconciliation gaps
Meals (50%) vs entertainment (0%) separation
Owner draws kept separate from business expenses
Personal vs business expense separation
…and 10 more checks in the PDF.
What's Inside
All 14 checks in the download
Bank & credit card reconciliation gaps: every account reconciled through 12/31, with ending balances matching the statements.
Meals (50%) vs entertainment (0%) separation.
Owner draws kept separate from business expenses.
Personal vs business expense separation.
Duplicate transaction scan.
S-corp distribution audit: distributions kept separate from payroll and expenses, so owner pay is reasonable.
Loan balances & interest tie-out: principal matches the lender statement, and only interest is expensed.
Prior-year retained earnings tie-out: opening balances match last year's filed return.
Uncategorized and "Ask My Accountant" balances cleared to zero.
Transfers between your own accounts matched on both sides, so they don't show up as income or expense.
Deposits reviewed so loans, owner contributions and refunds aren't counted as income.
Equipment and vehicle purchases over $2,500 flagged for your CPA to decide whether to depreciate them.
Contractor payment list by vendor, ready for your CPA's 1099 filing.
Final P&L and balance sheet review for negative balances and anything out of line with last year.
Used internally on every BRN engagement. No fluff, no sales pitch.