The Profit Priority Podcast

010. 6 Things You Can Do Now for a Stress Free Tax Season

November 24, 2022 LoriAnn Kuntz
The Profit Priority Podcast
010. 6 Things You Can Do Now for a Stress Free Tax Season
Show Notes

I am lucky to be joined by today’s guest April, who shares her wisdom and advice as a fellow bookkeeper on my team. I’ve had the joy of working with April for over a year and a half, and through this time we have learned a lot and we have witnessed a lot of financial changes. With all of this experience, we definitely know the dos and dont's of tax season. During our discussion, we go over the six things you need to know before the end of the year to have a stress-free, easy-going tax season. 

In this episode, we cover:

  • April’s background in bookkeeping [1:18]
  • Have a tax preparer [4:41]
  • Determining if you need to file specific forms [7:36]
  • Ensuring your bookkeeping is up to date  [9:35]
  • Running payroll before the end of the year [12:22]
  • If you need to prepay anything [14:20]
  • Expensing mileage and home office expenses [17:50]

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