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
