Business & farm

As a professional tax pro even I cannot verify that any of my clients has an ongoing business unless I do their monthly bookkeeping and can see the actual income & expenses on the bank statements and receipts  so  there is no way for anyone who works for Intuit to do it either.  Can you verify for me that I have an "active" business off what I just wrote ?    

 

What you need to provide to the lender is current bank statements, the current P&L and balance sheet and the prior year filed returns ... those are what they really need.  And if you don't keep good accounting records then this may be tough in the era of  "proof of income"  ... long gone are the days of "no income verification loans.