10/01/2026
New fiscal year! What does that mean for your tax strategy? ๐
If your business follows an October 1 fiscal year, this is a good time to review your numbers and plan ahead. Check your cash flow, update your profit projections, review estimated tax payments, and talk with your tax professional about upcoming purchases or other business decisions.
One important detail: October 1 is the start of the federal governmentโs fiscal year, but it doesnโt automatically change your business or personal tax year. Many small businesses use the calendar year, and changing a tax year can require IRS approval.
A fresh year is a great reason to get organized and make a plan.
Need help figuring out what to review? Send Easy Breezy Accounting & Tax a message.