Planning for the End of The Year
Published on: 01/09/2025
Those who make quarterly tax payments should know that a payment is due September 15. This is because of the end of the Federal fiscal year on September 30th. This is also a significant time for short-range planning. We will soon be entering the fourth quarter. This is the quarter before the end of the year. This is when a business’s purchasing decisions can most significantly impact the tax reporting for the year. Let’s look at an example.
Tax education articles and IRS representation advice for individuals and small businesses