TSBAS Accounting Bookkeeping Payroll Tax Preparation
  • Home
  • Blog
  • Learn More
    • About >
      • Meet the Team
      • Reviews
    • Services >
      • Tax Debt Relief
      • Accounting & Bookkeeping
      • Tax Services
      • Payroll Services
      • Seminars & Training
      • QuickBooks Services
      • Specialized Services >
        • Spa Bookkeeping
        • Services for Real Estate Agents
  • Schedule
  • Contact Us
  • TSBAS Client Guide
  • Service Requests
    • Payroll Service Quote Request
  • Links to Important Things
  • careers
  • Home
  • Blog
  • Learn More
    • About >
      • Meet the Team
      • Reviews
    • Services >
      • Tax Debt Relief
      • Accounting & Bookkeeping
      • Tax Services
      • Payroll Services
      • Seminars & Training
      • QuickBooks Services
      • Specialized Services >
        • Spa Bookkeeping
        • Services for Real Estate Agents
  • Schedule
  • Contact Us
  • TSBAS Client Guide
  • Service Requests
    • Payroll Service Quote Request
  • Links to Important Things
  • careers

Winding Down ...

12/18/2019

0 Comments

 
Well, this is about it. By this time next week, it will be Christmas and a week after that brings us to New Year’s Day.  Well goodbye 2019, you were an interesting one.

This means that there isn’t much left to do when it comes to your 2019 financial year. There are a few things to watch out for, though. For instance, a few weeks ago I wrote about charitable contributions, and if you are in a position where another deduction can do your tax picture good, you can still do that. Even if you’re not in a position where it will do your tax picture good, remember it will still do good for others.

Beyond that, I write often about scams and they do start to ramp up at the beginning of the year. The more taxes (and their inherent fears) are on people’s minds, the easier it is for scammers to play off them.  So keep that in mind if you run into something that sounds fishy over the next couple of months.

And no one really wants to think TOO much about taxes yet, but it is time for you to start moving them up in your mind’s catalog a little bit. People don’t like thinking about taxes, because they aren’t fun, but giving them a little thought now can help spread out their pain. The pain intensifies if you don’t start preparing until the day before you have a meeting to prepare your return.

Most everyone will have a little extra time off over the next couple of weeks and I fully support spending most of it with the people you love. Once you get enough of them, though, maybe you have a couple hours that you don’t know what to do with.

Well first, take a nap. Naps are beautiful.

But when you wake up, you can do yourself some good by getting some financial documents in order. I’m not going to go into huge detail here about what you may need to prepare a full tax return (but fear not, I’m sure much more will be spoken of that in this space in the coming months). Instead, let’s institute a simple rule. If you needed it last year, you’ll need it this year.

So gather those things you needed for last year’s tax return that you already have. Beyond that, make a list of what you do not have yet. There will be some December statements that you won’t get for a few weeks and most of the tax forms you need will start arriving later in January. Putting a checklist of what you know you are expecting with what you already have will let you know when you are ready go make your appointment to prepare your return.

And wouldn’t it be great to get it out of the way as soon as possible?

We promise that we’re ready to see you when you’re ready. Consider us the family you see after the holidays.

Warmly,

Josh Bousquet
Connect to Us ~ 
Facebook ~ Twitter

To ensure we don't make the folks at the IRS ornery, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein.

0 Comments



Leave a Reply.

    Archives

    May 2025
    April 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017

    RSS Feed

    Categories

    All
    Balance
    Bookkeeping
    Business
    Payroll
    Tax
    Tax Prep
    Tax Return
    Tax Scam

    View my profile on LinkedIn
Website by Odeh Media Group
Copyright ©2025 TSBAS.com, All Rights Reserved
The Small Business Accounting Solution, Inc
50 South 1st Avenue, Coatesville PA 19320
(844) 208-2937
Privacy Policy
​Contact Us
Terms & Conditions