DuPage Tax Solutions

11/04/2026

Year-End Tax Planning for Business Owners: What to Review Before December 31

Year-end tax planning isn't simply about estimating what you may owe.
It starts with understanding where your business is likely to finish the year, projecting your tax position, identifying planning opportunities, and determining what needs to be implemented by the applicable deadlines.

Our year-end tax-planning guide covers the areas business owners should review, including:
• Current financial results and year-end projections
• Business structure and owner compensation
• Retirement plan opportunities
• Business deductions and reimbursements
• Timing of income and expenses
• Equipment, vehicles, and other major purchases
• Estimated tax payments and withholding

Some opportunities can disappear when the year closes. Others have later deadlines. The important thing is to identify them while you still have time to make informed decisions.

Read the full guide: https://dp-tax.com/year-end-tax-planning-business-owners/

Some tax-planning opportunities disappear when the year ends. Learn what business owners should review now to project taxes, identify opportunities, and plan before key deadlines.

11/03/2026

Year-end tax planning is more than checking how much you’ve made.

Before December 31, business owners should review where the business is likely to finish the year—and which tax-planning opportunities may still be available.

That includes reviewing current financial results, projecting year-end income and taxes, evaluating compensation and retirement planning, reviewing deductions and reimbursements, and considering the timing of major purchases, income, and expenses.

Not every strategy has a December 31 deadline. But some opportunities can disappear when the year closes.

Project. Plan. Implement—before the applicable deadlines.

To learn more, read our article, "Year-End Tax Planning for Business Owners: What to Review Before December 31": https://dp-tax.com/year-end-tax-planning-business-owners/

11/02/2026

Do you know what your numbers are telling you?

Bookkeeping isn’t just about recording transactions. Your financial reports can help you understand how your business is performing, where the money is going, and where your business stands as you approach year-end.

But those reports are only useful when the numbers behind them are accurate and reliable.

Good bookkeeping gives you more than organized records. It gives you financial information you can use to make informed business decisions and prepare for what’s ahead.

Know your numbers. Understand your business.

Need help keeping your books accurate and current? Schedule a free consultation with DuPage Tax Solutions.

10/29/2026

Messy books can cost more than you think.

Bookkeeping problems aren't always obvious right away. Missing or incorrectly categorized transactions, unreconciled accounts, and inaccurate balances can affect your financial reports—and may not be discovered until tax time.

That can mean missed deductions, tax-time surprises, and financial information you can't confidently rely on when making important business decisions.

Clean books put you in control.

Accurate. Reconciled. Tax-ready.

Schedule a free consultation with DuPage Tax Solutions.

10/26/2026

Two business owners can have similar profits—and very different tax outcomes. Why?
Because profit is only part of the picture.

How a business owner approaches compensation, retirement planning, business deductions and reimbursements, entity structure, and other tax-planning decisions can affect the final tax outcome.

The difference isn't about finding a last-minute deduction when the return is prepared.
It's about understanding your tax position before year-end, identifying the strategies that apply to your situation, and having time to implement them.

Same profit doesn't necessarily mean the same tax outcome.

10/22/2026

Year-end tax planning starts with knowing where your business stands.

Accurate, current books provide the financial information needed to estimate your year-to-date results.

From there, a tax projection can help estimate where your tax situation may end up based on what has happened so far and what you expect for the rest of the year.

That gives you and your tax professional a better foundation for evaluating year-end planning opportunities while there may still be time to act.

Accurate Books → Tax Projection → Year-End Planning

Don’t wait until tax preparation to find out what the year looks like.

Schedule a free consultation with DuPage Tax Solutions.

10/19/2026

Making estimated tax payments is not the same as tax planning.
Estimated payments help you pay taxes throughout the year and avoid potential underpayment issues.
But making those payments doesn't, by itself, reduce your taxes.

Tax planning looks forward. It starts by projecting where your taxes are headed and then evaluating strategies that may apply to your situation—such as entity and compensation planning, retirement contributions, business deductions and reimbursements, and the timing of income and expenses.

Then you can see the potential impact of those decisions and determine what you may need to pay.

Estimated payments help you pay your taxes. Tax planning helps identify opportunities to reduce them.

https://dp-tax.com/advisory/proactive-tax-planning/

10/15/2026

Year-end tax planning starts with knowing where your business actually stands.
Before your tax professional can prepare a meaningful tax projection or evaluate year-end planning opportunities, they need reliable financial information.

If revenue or expenses are incomplete, accounts haven't been reconciled, or important balances are inaccurate, the tax projection may be based on numbers that don't accurately reflect the business.

That’s why accurate bookkeeping is an important first step in year-end tax planning.
Our latest article explains the connection between your books, tax projections, and the planning that can happen before the year ends.

Read the article:
https://dp-tax.com/bookkeeping-year-end-tax-planning/

Tax projections and year-end planning depend on reliable financial information. See why accurate bookkeeping needs to come first.

10/13/2026

Do you know what you’ll owe in taxes this year?

Waiting until tax preparation to find out can leave little time to change the outcome.

A tax projection can help you understand where you’re headed based on your current business income, expected year-end results, estimated payments, and other relevant tax information.

Once you know where you stand, you can evaluate planning opportunities—such as retirement contributions, equipment purchases, compensation strategies, and other actions that may apply to your situation.

Project first. Plan while there is still time to act.

https://dp-tax.com/advisory/proactive-tax-planning/

10/12/2026

How can you plan for taxes if you don’t know where your business stands?

Tax planning starts with reliable financial information.

When your books are accurate and current, your tax professional can use your year-to-date results, estimated income and expenses for the rest of the year, and other relevant information to prepare a tax projection and evaluate potential planning opportunities.

If the books are incomplete or unreliable, the projection may be unreliable too.

Accurate books → Tax projection → Year-end planning

Don’t wait until tax preparation to find out where you stand.

Schedule a free consultation with DuPage Tax Solutions.