San Antonio Small Business Owners, Get Ready for Tax Season!

Get ready small business owners in San Antonio! Tax season is just around the corner, and for small business owners, preparation is the key to stress-free filing. At Gottsberger Group, we specialize in helping businesses like yours stay organized and ahead of deadlines. Here are the top tasks to tackle now:

1. Reconcile Your Accounts

Ensure your financial records are up to date by reconciling all bank and credit card statements. This will help identify discrepancies and ensure your books reflect an accurate financial picture.

2. Review and Organize Expenses

Categorize expenses correctly and ensure you’ve tracked all deductions, such as office supplies, travel, and home office expenses. This step is crucial for maximizing tax savings.

3. Verify Employee and Contractor Information

Double-check that all W-2 and 1099 forms are accurate and ready to distribute by the January deadlines. Correct Social Security numbers, EINs, and addresses now to avoid delays.

4. Assess Payroll Compliance

Review year-end payroll reports to ensure compliance with federal, state, and local regulations. Address any discrepancies in withholdings or filings.

5. Consult with Your Bookkeeper or CPA

A professional can identify missed deductions, review your financial health, and provide tailored tax strategies.

By staying proactive, you’ll make tax season smoother and set your business up for financial success in the year ahead. Need help catching up your books or are completely lost? Contact us today for a free assessment!