Tax Process 2025
In general, our soft target date for receiving tax return information is February 15th. If you are able to submit information earlier, that is greatly appreciated. If your information is not available until later, please submit as soon as reasonable.
Phase 1: How to Submit Your Tax Information
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Steps for Submitting Individual Return information:
Gather tax information
For an outline of what to provide, see: www.LPCtax.com/whattoprovide-individuals
Complete annual tax questionnaire (mandatory): https://www.cognitoforms.com/lpctax/_2024taxquestionnaireforindividuals
Upload tax documents at: www.LPCTax.com/sharefile
We recommend uploading tax documents at one time rather than piecemeal if possible
Email us to confirm once you are ready for us to review your tax documents
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Steps for Submitting Trust and Estate Return information:
Gather tax information
See “What to Provide: Trusts and Estates” below for guidance on what information to provide.
Upload tax documents at: www.LPCTax.com/sharefile
Email us to confirm when you are ready for us to review your tax documents
What to Provide: Trusts and Estates
The amount of cash distributions for each beneficiary.
The value of non-cash distributions for each beneficiary (if applicable)
A summary of admin expenses for the trust during the year
Address changes for the trust or any beneficiary, if applicable
For additional items to provide, not specific to trusts, see: www.LPCtax.com/whattoprovide-individuals
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Steps for Submitting Business Entity Return Information:
Gather tax documents.
See “What to Provide: Businesses” below
Upload tax documents at: www.LPCTax.com/sharefile
Email us to confirm when you are ready for us to review your tax documents
Upon completion of the return, we will email you regarding next steps. This includes:
Accessing the tax return via ShareFile
Scheduling a walk-through of the return (optional)
Paying our invoice (payable online via credit or debit card)
DocuSign for approving the tax return
What to Provide: Businesses
Profit and Loss statement summarizing annual income and expenses.
Depending on the business, this may be generated from Quickbooks, an Excel, an email summary, etc. The format that makes the most sense depends on the business.
Information on any ownership or address changes
If there were significant capital expenditures over $3,000, please provide a brief description.
Additional items, if applicable/available:
Balance Sheet as of year-end
General Ledger report (transaction detail)
Phase 2: Wrapping up the Return
Upon completion of the return, we will email you next steps. This includes:
How to access a copy of the return to review
Scheduling a walk-through of the return (optional)
Paying our invoice (payable online via credit or debit card)
Approving the tax return (typically via DocuSign)