There are only about two months left until your individual taxes are due. Now is the time to go through your tax time checklist to make sure you are ready to go!

November is the perfect time to do two things when it comes to your finances, especially if you own a business – catch up on your bookkeeping and file your Beneficial Ownership Information (BOI) report! We are nearing the end of the year and many people find themselves lost in a whirlwind of backlogged bookkeeping. Now is a great time to either get it up to date yourself or hire a bookkeeper to get you caught up for the year so you aren’t stressed out come tax time.

We probably get a question about meal deductions every single day. In this post we cover a few of the most common, like: Can I write off my morning coffee? Do I need to keep receipts for my business meals? Wait, are meals only 50% deductible or 100% deductible? When it comes to business deductions, the FIRST question you need to ask yourself is: Is this an ordinary and necessary expense for conducting my business?

We have finally hit the “ber” months, and I am so ready for some cozy, fall vibes. The kids have headed back to school, football season has kicked off, and it’s also a pretty important time tax wise! Grab a pumpkin spice latte (or a pumpkin cream cold brew *light cold foam*– my personal fave) and let’s go over what you need to do.