Conlon & Company, Certified Public Accountants, PLLC

We wish each of you a wonderful Labor Day! During this annual celebration of hard work, may you enjoy a well-deserved, restful break.

Please note that our office will be closed on Monday, September 7th, in observance of the holiday, and will reopen on Tuesday, September 8th.

The deadline for Q3 estimated tax payments is September 15, 2026. This payment is based on income earned from June 1, 2026, through August 31, 2026. For those who make these payments, staying current can help minimize potential penalties and make year-end filing more manageable.

If you would like assistance confirming the amount to pay or reviewing payment options, please contact our office. We are happy to help.

As we move through the second half of the year, now is a good time to step back and revisit your tax strategy. A few proactive decisions now can help reduce surprises later, improve cash flow, and put your business in a stronger position before year-end.

Swipe for a few practical tax strategies we can help small businesses take advantage of ahead of year-end.

Some of the best tax strategies are only useful if you act before year-end. Even a short review during the year can make a meaningful difference. So, if you would like to review your current tax strategy, projected payments, entity structure, or year-end opportunities, please reach out.

Our team would be happy to help you identify practical next steps and make sure you are taking advantage of the options available to you.

⏰ Business tax extension deadline reminder: September 15, 2026

For calendar-year partnerships and S corporations that timely filed for an extension, the federal filing deadline is Tuesday, September 15.

Don’t wait until the last minute - Gather your financial records, review your K-1 information, and make sure your return is ready to file.

Need help navigating the deadline? Conlon & Company is here to help you stay organized and on track.

Major life changes can have a direct impact on your taxes, sometimes in ways that are easy to overlook. Whether you have gotten married, changed jobs, welcomed a child, or experienced another big milestone, these moments often come with important tax considerations. Swipe to learn more.

If you have recently gone through a life change or expect one soon, we are here to help you prepare with confidence. Reach out to get started.

Missing the right document at the wrong moment can turn a straightforward tax situation into a stressful one. Understanding which documents you need to hang on to and which you can dispose of can be tricky, so our team wanted to share a brief overview of which documents to keep and why they're important. Swipe for more.

We hope you found this overview helpful. If you have any questions, don’t hesitate to reach out to our team. We are here to help support you.

If saving for a child’s, grandchild’s, or another family member’s education is one of your goals, a 529 plan may be worth a fresh look.

These plans are no longer viewed only as a college savings tool. Depending on the circumstances, they can help cover college costs, certain K–12 expenses, and even some apprenticeship or credentialing expenses, while still offering valuable tax advantages when the funds are used for qualified education purposes.

Swipe for a couple of frequently asked questions about 529 plans and what those considering them need to know.

When considering tax deductions, please note that only account owners are eligible for a deduction on their New York State tax returns.

If you have questions about whether a 529 plan makes sense for your family, please reach out to our team. We would be happy to help you think through your options.

Year-end tax planning often feels like something there will be time to deal with later, until later arrives all at once. Starting now can give your business more room to make smart decisions, avoid a last-minute rush, and take action while more options are still on the table.

One key end-of-year tax planning tip is to run a year-end tax projection. Before making any big moves, it helps to know where your income is likely to land. A year-end projection can help estimate taxable income and identify whether it makes sense to accelerate expenses, defer income where appropriate, increase retirement contributions, or adjust estimated tax payments.

Thoughtful year-end planning starts with understanding where you stand and which moves are worth making before the calendar turns. If you’re interested in running a year-end tax projection, contact our office. We are here to help your business.

Some of the most valuable year-end tax opportunities are the ones business owners do not revisit often enough.

This can include evaluating whether your current entity structure still makes sense. As a business grows, the structure that worked from the start may no longer be the most tax-efficient.

A sole proprietorship, partnership, LLC, or S corporation can each produce different tax results depending on profitability, payroll, and owner compensation. This type of review can impact self-employment taxes, how income is reported, and overall planning flexibility.

Contact our office if you want to review whether your current entity structure is working in your favor. We can run the numbers and help you determine what makes the most sense for your business.

Running a business in the summer means staying focused on growth, not getting buried in tax questions. So, while you’re planning, hiring, investing, and keeping things moving, we’re here to help you stay organized behind the scenes with year-round business tax support.

From tax planning to strategy and guidance, we are here to help you make confident decisions all year long and avoid tax time surprises at the end of the year.

Ready to get started? Don’t hesitate to give our team a call. We are dedicated to your success.