053 Year-End Bookkeeping Checklist: What to Review Before Moving Forward

A year-end review is crucial for staying on top of your bookkeeping and preparing for tax season. Today I'm giving you actionable tips to wrap up the year confidently.

Here's what I'm covering:

How to deduct mileage to save money on taxes. Apps like MileIQ or QuickBooks mileage tracker can help.

What kinds of receipts and documentation you need to gather and how to categorize and organize them.

How to reimburse yourself for out-of-pocket business expenses.

Double checking all of your tax deadlines.

Conducting a financial review so you can flag anything unusual.

Setting measurable goals for the coming year. Look at your profit and loss statement to assess profitability. Identify areas where you overspent or underspent and set a sales goal for the new year based on this data.

If you need personalized help you know where to find me!

Here are the ways we can connect:

Reach me: https://erikamillard.com/contact

Learn: www.erikamillard.com

Email: connect@erikamillard.com

Instagram: @erika_millard

Mini Course- Get Comfy with Budgeting

https://erikamillard.com/budget

Get Comfy with QuickBooks

https://erikamillard.com/get-comfy-with-quickbooks

Don't forget to download the free Monthly Bookkeeping Checklist:

https://erikamillard.com/bookkeeping-checklist

Happy Bookkeeping!