Buyer Due Diligence:
Key Items of Confidential Company Information
- 13 years Corporate, (1120, or 1120S) or personal (1040) (sole proprietorship) tax returns.
- 2Monthly bank statements and reconciliation, canceled checks.
- 3Sales tax returns, Profit and Loss Statements totaling 3 years.
- 4Detailed year end and a year to date general ledger.
- 5All of the last 2 years corporate intangible and tangible tax returns (DR-601 and DR -405).
- 6Annual and Quarterly, both federal and state payroll tax returns for 2 years and any 1099’s issued to date.
- 7work in process, accounts receivable, inventory and accounts payable for 2 years and to date.
- 8List of purchase assets with values and serial numbers, including inventory list.
- 9Employee list with job description and salary, wages etc.
- 10Purchase and sales invoices for specific jobs for a sample test gross profit.
- 11Copy of existing lease, options, addendums. Landlord contact person, and previous real estate tax bill.
- 12Copy of all licenses.
- 13Bank statements and records.
