5 Min. Resources

Here's something most small business owners don't hear until it's too late: your tax return is mostly determined by decisions you made during the year — not by what your accountant does in March. By the time you hand over your documents in February or March, the game is largely over. The income was earned. The deductions were either tracked or they weren't. The estimated payments were either made or they weren't. That's why we start "tax season" on January 1st. What year-roun

If the words "tax season" make your stomach drop, you're not alone. Most small business owners spend January through April in panic mode — digging through receipts, chasing down contractors for W-9s, and wondering why they owe so much. The good news: it doesn't have to be this way. Year-round tax preparation isn't just for big companies. Here are three habits that change everything: 1. Reconcile your books monthly. When your books are current, there are no surprises come Apri