Don’t Enter 2026 Blind — Your Year-End & Tax Planning Guide

Hi there,

As we wrap up the year, it’s the perfect time to prepare your business for tax season, clean up your books, and position yourself for a stress-free start to 2026.

Here are the top year-end and tax planning tasks every business should complete:

1. Review Your Financial Statements

• Confirm that your income, expenses, and reconciliations are updated and accurate.

• Clean books = smooth tax filing.

2. Track Outstanding Invoices & Bills

• Collect what’s owed to you and settle aged bills.

• This helps improve cash flow before year-end.

3. Check Payroll & Contractor Payments

• Prepare W-2 and 1099 records early.

• Avoid January rush and costly mistakes.

4. Maximize Tax Deductions

• Expenses like software, equipment, and mileage can reduce your taxable income.

• Don’t leave money on the table.

5. Review Quarterly Tax Payments

• Check if you underpaid or overpaid.

• Correcting this now prevents penalties later.

6. Plan for 2026 Cash Flow

Build your 13-week cash flow forecast and map out expected expenses, renewals, and payroll.

At ASO Financial, we help business owners wrap up the year confidently with:

• Year-end bookkeeping cleanup

• Tax-ready financial statements

• Payroll & contractor compliance

• Cash flow forecasting

• Strategic tax planning

Need help closing your books or preparing for tax season? contact us today. [email protected] 

Let’s make 2026 your most financially organized year yet.

Warm regards,

ASO Financial Team