# Prepare a year-end package to hand off to the tax preparer

Assembles the reconciled financials, schedules, and answers a tax preparer needs, so the return goes faster with fewer questions.

- Topic: Finance & Accounting
- Framework: Few-Shot
- Level: Standard
- Tags: Finance, Fill-in Template
- Source: https://www.thinkwithprompt.com/prompts/prepare-a-year-end-package-to-hand-off-to-the-tax-preparer

## Prompt

```text
Help me assemble a year-end package for a client's tax preparer.

**Client and entity type:** [e.g. "S corporation, one owner", "sole proprietor", "partnership with 3 partners"]
**Tax year:** [YEAR]
**Accounting basis:** [cash / accrual]
**What I have finished:** [e.g. "all accounts reconciled through 12/31", "fixed assets updated"]
**Notable events this year:** [new loans, asset purchases or sales, owner contributions/draws, new states, payroll changes, vehicle use, home office]
**What the preparer has asked for before:** [PASTE their usual request list, if any]

Build a package checklist covering: final trial balance, P&L and balance sheet, bank/card/loan reconciliations as of year-end, fixed asset additions and disposals with invoices, loan statements showing interest, owner draws/contributions and shareholder loan balances, payroll reports and year-end payroll forms, 1099s issued and received, sales tax filed, inventory count and valuation, prepaid and accrued items, and a list of meals, vehicle, and other items that may have special tax treatment.

Return:
1. The checklist with status columns (Item | Included? | Location/file name | Notes).
2. A memo to the preparer summarizing the year's notable items and judgment calls I made in the books.
3. Open questions I should resolve with the client before sending.
4. A note of anything that looks like a possible tax issue for the preparer to evaluate, marked [FOR PREPARER REVIEW] - not tax conclusions.
```

## What to fill in

- YEAR
- cash / accrual
- PASTE their usual request list, if any
- FOR PREPARER REVIEW

Free to copy and use. From ThinkWithPrompt (https://www.thinkwithprompt.com/), a library of 2,663 curated AI prompts.