As summer winds down and September begins, many business owners and individuals are shifting their focus back to school schedules, fall planning, and year-end financial goals. But September also brings with it a series of important tax and accounting deadlines that should not be overlooked
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New IRS reporting thresholds and rules are reshaping how freelancers, gig workers, and small business owners must handle their income. Here’s what you need to know to stay compliant and tax-ready.
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Back-to-school season is more than just shopping for notebooks and backpacks—it’s also a prime opportunity to revisit your finances and uncover tax-smart strategies. Whether you’re a parent buying school supplies, a teacher paying out-of-pocket for classroom needs, or a small business owner preparing your books for year-end, the fall season offers unique ways to save money and maximize deductions.
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Starting a business is exciting, but when you choose to launch can have a surprising effect on your financial and tax situation. Many entrepreneurs focus on January as a “fresh start,” but there are often strategic advantages to launching before December 31. From immediate tax deductions to stronger positioning for the new year, timing your business formation correctly can mean thousands saved and better financial planning ahead.
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Every new year brings changes to federal and state tax codes, and 2025 is shaping up to be an especially important year for small business owners in New York and New Jersey. Both states are rolling out updates that could affect how you structure your business, file returns, claim deductions, and plan for the future.
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