Your Bookkeeping Corner
Hola!
Welcome to Your Bookkeeping Corner!
Let's connect and inform ourselves while learning the latest accounting news, lets learn about trends and best tips to help grow our business.
Welcome to our new members!
If we haven't met before, I'm Analine Salas the founder of Analine Business Services LLC, and I'm so excited that you're here!
I'm a Bookkeeper and I'm Saving business owners time by transforming numbers into accounting financials.
So, let’s transform your numbers!
Hola February!
As tax season ramps up, here are a few practical ways to stay on track this month:
February is the month to clean up what was missed, get organized, and start planning ahead before tax season peaks. Use this month to:
Finalize prior year documents if anything was missed. Confirm all W2s and 1099s were sent by January 31. If something was missed or incorrect, handle it now to reduce penalties.
Gather and organize records. Pull together income reports, expense receipts, bank statements, and tax documents into organized folders or your accounting software.
Review estimated tax payments. Work with a professional to calculate current year estimates so you are not caught off guard by underpayment penalties later.
Look for missed deductions. Identify opportunities like charitable contributions, obsolete inventory write offs, or bad debt that may still apply.
Consult your tax professional early. February is the ideal time to discuss business structure, retirement contributions, and tax saving strategies while you still have options.
February is the perfect time to build on January’s momentum by tightening up your organization, reviewing your early Q1 numbers, and solidifying your financial goals for the year. With tax season now in full swing, we are here to help ensure your records are up to date and your accounts are prepared for the months ahead.
This is the time to finalize last year’s bookkeeping, address any outstanding invoices, and confirm your cash flow is on track. Taking care of these items now can prevent unnecessary stress as deadlines approach. If you have questions, please do not hesitate to reach out. This is a busy time for both business owners and accountants, so we encourage you to schedule your time now if you need support.
Upcoming Tax Deadlines
February 2, 2026
Deadline for employers to furnish W-2s and most 1099s for 2025
March 16, 2026
Deadline for S-corporations and Partnerships (Form 1065) to file 2025 returns
April 15, 2026
Deadline to file 2025 federal income tax returns, pay any tax owed
Last day to contribute to IRAs/HSAs for the 2025 tax year
Deadline for C-corporations (Form 1120) to file 2025 returns
First estimated tax payment due for 2026. This first payment applies to income earned from January 1 through March 31, 2026.
For counties impacted by the severe storms, straight-line winds, and flooding that began on July 2, 2025, the IRS has automatically extended deadlines:
Any filing or payment originally due between July 2, 2025, and February 2, 2026, now get a new deadline of February 2, 2026
This includes:
Extended 2024 individual, business, and tax-exempt returns (normally due October 15, 2025)
Estimated tax payments due September 15, 2025, and January 15, 2026
Payroll and excise tax returns due July 31, October 31, 2025, and January 31, 2026
Partnerships, S‑corps, corporations, and nonprofits with extended 2024 return due dates through February 2, 2026
"Bookkeeping is not an expense; it's the blueprint for your next phase of growth. You can't build a financial future on a shaky foundation."
We’re here to support you if you need help getting things cleaned up and set up the right way.
That could mean starting fresh in your accounting software, catching up on past months, or putting a simple system in place that helps you stay consistent all year long.
With our year-round bookkeeping support, you can stay organized, compliant, and confident in your numbers.
Book a call to learn more.
What business owners need to do before tax season starts
Tax season has a way of sneaking up on business owners, and the best way to reduce stress is to prepare ahead of time. Getting organized early makes tax season much easier once things get busy.
Here are a few practical steps business owners should focus on before tax season officially begins.
Start by making sure your bookkeeping is up to date. All income and expenses should be entered, categorized correctly, and reconciled against your bank and credit card statements. If transactions are missing or unclear, now is the time to fix them.
Review your financial reports. Your profit and loss statement and balance sheet should make sense to you. Look for anything that feels off, such as unusually high expenses, missing income, or negative balances that need clarification.
Confirm contractor and employee information. Make sure names, addresses, and tax details are accurate so 1099s and W 2s can be prepared correctly and on time.
Separate personal and business expenses. If anything personal ran through your business account, flag it now. Clean separation makes tax preparation smoother and helps avoid questions later.
Organize your documents. Keep receipts, invoices, payroll records, and tax notices in one place so they are easy to access when your tax preparer asks for them.
Review last year’s tax return. Looking at prior year deductions, credits, and problem areas can help you avoid repeating mistakes and make sure nothing important is overlooked this tax season.
Check in with your tax professional or bookkeeper. A quick review or planning call can help identify potential issues early and make sure you are on track before deadlines approach.
Getting organized ahead of tax season helps you feel more confident, prepared, and in control of your business finances.
If you would like support reviewing your books or getting everything in order before tax season, reach out to us today. We are happy to help you get organized and ready.
"Whatever you want to do, if you want to be great at it, you have to love it and be able to make sacrifices for it."
— Maya Angelou
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