How to Prepare Your Books for Tax Season

Written By Natalie Schofield

Tax season doesn’t have to be a nightmare. With organized books, you’ll breeze through filing and maybe even save money. Shine FinOps shares five steps to prep your small business for 2025 taxes.

  1. Gather All Records

    Collect receipts, invoices, and bank statements. Use apps like Expensify to digitize them.

  2. Categorize Expenses

    Sort costs (e.g., supplies, travel) for easy deductions. Software like QuickBooks simplifies this.

  3. Reconcile Accounts

    Match your books to bank statements to catch errors. Do it monthly to avoid surprises.

  4. Check Deductions

    Mileage, home office, software—list every eligible write-off. Unsure? Ask a pro.

  5. Set Deadlines

    Mark April 15 (or your country’s date) and start early—rushing leads to mistakes.

Shine FinOps Tip: Start prepping now, even if it’s just 10 minutes a day.

Natalie Schofield https://www.shinedigitalservices.com/
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