Here are a few examples of how to get a strong start to 2021
- Schedule a meeting with your CPA. Ensure you have collected all required documents from 2019—W2’s, 1099’s, K1’s, and brokerage statements ready to turn into your CPA
- Be organized when you meet with your CPA and provide them with everything they will need to complete your tax return(s)
- Consult with your CPA to ensure you have a tax strategy plan in place for the 2021 tax year.
- Stay on top of estimated tax payment due dates (Jan 15, April 15, June 15, Sep 15)
- Look over previous year financial data to create a solid plan for 2021
- Create a budget that is attainable and revisit this as necessary
- Plan a teambuilding session with your employees to make a positive plan for the year ahead
- Consider ways you can outsource business functions so you can spend more time focusing on your trade
- Research new apps and tools that you can institute into your business to increase efficiency
- Most of all plan to enjoy and make the most of the year ahead
- You only live once, but if you do it right once is enough. ~Mae West
