What information and records will be needed to complete the audit?
- Payroll journals listing individual employee payroll records and job duties/responsibilities for the period listed on the audit form.
- Your general ledger, check register, and cash disbursements journal.
- Federal Quarterly Tax Returns (IRS Form 941) for the previous four quarters. (State Unemployment Quarterly Forms are also acceptable as well as Schedule C of the Federal Income Tax Return for Sole Proprietors, Form 1065 for LLC's/Partnerships, or Form 1120 for Corporations.)
- All Miscellaneous Income Forms (IRS Form 1099) for the most recently completed calendar year.
- Workers' Compensation Certificates of Insurance (ACORD Form 25) for any subcontractors and owner-operators.
- Any other records that may be requested by the auditor at the time of your audit.