To meet the IRS due diligence requirements, clients must provide an accurate and verifiable financial statement. Please download the Schedule C profit and loss statement/Schedule E profit and loss statement and complete it. Once the document is completed and uploaded into your portal, we can proceed with filing your return.
Schedule C (Form 1040), Profit or Loss from Business, is a tax form used to:
*Report income or loss from a sole proprietorship or single-member LLC
*List gross income, business expenses, and net profit or loss
Schedule E (Form 1040) is used to report income or loss from:
*Rental real estate
*Royalties
*Partnerships
*S corporations
*Estates and trusts
*REMICs (Real Estate Mortgage Investment Conduits)
Join our newsletter to receive expert tax tips, financial insights, and practical strategies—delivered straight to your inbox.
Stay ahead of deadlines, save money, and build lasting financial peace of mind.