OUR

 GOAL IS                                                  SMOOTH  

​     SAILING

               DANIEL CULLINANE CPA                                                              Phone:          732-516-1648

                           Certified Public Accountants                                                                                        FAX               732-516-9778

                               328 Amboy Ave, Metuchen NJ   08840                                                              

                                                                                                                                     


​                            

​FREE TAX CALCULATION 

​FEDERAL & STATE 

       WE DRIVE TO WINT

AUTOMOBILE USE IN 2015


In order to deduct mileage for auto expenses in a tax return, a log must be kept which details mileage driven for business purposes. This log must be kept which details mileage driven for business purposes This log would be needed to justify the write off for the expense in the event of an audit


Auto

Make  _________________________________________

Model _________________________________________

Year    _________________________________________

Date of Purchase _____________________________

Purchase Price     _____________________________

Business Mileage _____________________________

Moving Mileage   _____________________________

Commuting Mileage        ____________________

Charitable Mileage           ____________________


CONTRIBUTIONS


1 Cash less than $3,000

2 Cash $3000 or more show name of organization   Amount _____

 Organization _______________

                                                             

CASUALTY AND THEFT LOSSES

Amount ______________

Details   __________________________________________________________________________________________________________


MISCELLANEOUS DEDUCTIONS

Non reimbursed Business Expenses


Expense amount ____________________   Description ___________________


Expense amount ____________________   Description ____________________


Expense amount ____________________    Description ____________________


Expense amount ____________________    Description ____________________


Other Expenses

                                               AMOUNT

Tax Preparation                 ______________

Union Dues                        ______________

Business Publications       ______________

Professional Dues/ Fees   _______________

Safety Deposit Box Fees   _______________

Small tools                         _______________

Business Telephone          _______________

Uniforms Cleaning            _______________

IRA custodial fees             ________________

Investment expenses      _________________

Education expenses         _________________

Business Entertainment  _________________

Other                                 _________________


ADJUSTMENTS TO INCOME

1 Your IRA deduction                                       __________________

2 Spouse's IRA                                                   ___________________

3 Keogh SEP deduction                                     ___________________

4 Penalty for early withdrawal of savings      ___________________

5 Alimony paid                                                  ____________________  Name ____________________ ss _________________

6 Self employed health insurance                  ____________________

​​





SCHOLARSHIP 


1 Tuition amount              _______________              Nontaxable

2 Fees/ Books   amount   _______________              Nontaxable

3 Room & Board amount ________________            Taxable

4 Travel  amount               ________________            Taxable


If we have not previously prepared your tax return please provide a copy of your federal and state returns for 2014


SALE OF RESIDENCE   YES   NO

If yes need, original cost amount _________________ date acquired 

capital improvements amount     __________________

Closing statement 


DID YOU CHANGE STATE RESIDENCE IN 2015  YES   NO


Previous address ____________________________________________

Date of move          ____________________________________________

Distance                  ____________________________________________

Cost of move


IF YOU WOULD LIKE YOUR TAX REFUND DEPOSITED DIRECTLY TO YOUR BANK  Circle checking or savings account # ___________________ routing # ___________________


RENTAL & ROYALTY INCOME


​Property type circle   Residential    Commercial

Location _______________________________________________________


If vacation home number of days rented _____________________________


Percentage of ownership if not 100%         ________________

 


INCOME STATEMENT


Income


1 Rental Income                             __________

2 Royalties Received                   ___________


Expenses

1 Advertising                                  ____________

2 Association Dues                       ____________

3 Auto miles driven                    ____________

4 Travel                                            ____________

5 Cleaning &Maintenace           ____________

6 Commissions                                ____________

7 Insurance                                       ____________

8 Legal                                                _____________

9 Legal & Professional Fees       ____________

10 License & Permits                  _____________                    

11 Licenses & Permits                _____________

12 Mortgage Interest                  _____________

13 Other Interest                          _____________

14 Repairs                                        _____________

15 Supplies                                      _____________

16 Property Taxes                       _____________

17 Utilities                                     _____________


Depreciation


Property        Date acquired                         Cost   Depreciation Method    Prior Depreciation


1________________________________________________________________________

2________________________________________________________________________

3 ________________________________________________________________________


BUSINESS INCOME & EXPENSE


Principal business or profession   __________________________________________


Business name                                       ___________________________________________


Employer ID                                                 _____________________________________________________________________


Business Address                                       _______________________________________________________________________


Year business began                                 _______________________________________________________________________


Circle method of accounting   Cash   Accrual


INCOME STATEMENT


Income


1 Sales                                        ___________________________

2 Returns & Allowances          ___________________________

3 Other income                        ___________________________


Expense


1 Advertising                            ___________________________

2 Bad Debts                              ___________________________

3 Commissions / Fees             ____________________________

4 Payroll                                    __________________________

5 Payroll taxes                         ___________________________

6 Employee Benefits                ___________________________

7 Health Insurance                  __________________________

8 Other Interest                      __________________________

9 Legal and accounting fees  _________________________

10 Office Expense                    _________________________

11 Rent building                      __________________________

12 Rent other                          __________________________

13 Repairs & Maintenance   ___________________________

14 Supplies                             ____________________________

15 Travel                                 ___________________________

16 Meals & Entertainment  ____________________________

17 Utilities                              ____________________________

18 Miscellaneous                   ___________________________

19 Telephone                         ___________________________

20 Auto                                   __________________________