91. Consultants’ Tax Checklist: Getting Ready for Tax Season

2.4.25 - 91. Consultants’ Tax Checklist: Getting Ready for Tax Season

Contact Form

This episode covers a tax season checklist for consultants and consulting firm owners.

 

(00:43) A Funny Story About Margaritas

(02:29) The Importance of Accurate Tax Inputs

(03:00) Steps to Prepare for Tax Season

(03:13) Reconcile Everything

(05:31) Owner Distributions and Your P&L

(06:42) Retirement Contributions

(07:27) Organizing Receipts

(08:58) Filing 1099s

(09:37) Mileage Log for Business Deductions

(10:28) The Importance of Early Tax Preparation

(11:11) Conclusion and Final Tips

____________________

Resources Referenced:

86. Retirement Plans for Consultants | https://www.ericagoode.com/podcast/ep86

____________________


Connect with Erica
Website | Contact Form

******

FREE TAX GUIDE for CONSULTANTS - Get it here!

Previous
Previous

92. Fiduciaries, Fees & Finding the Right Advisor with Luke Sauter, CPA / PFS

Next
Next

90. Who can do your taxes and how much should it cost? with Steve Nay, EA