After the school year starts in September, most calendars fill up quickly. Important dates and meeting times seem to be planned in earnest now that summer is over. It can be easy to get caught up in all the obligations everyone else has for you.

But, our team at DeHoek & Company wants to remind you that fall holds a few important dates for your tax planning and possibly your business strategy. We spoke about some dates to remember in September in our last blog, and want to remind you of a few in October.

This year, October 15 falls on Saturday, so the IRS deadline to complete and file your 2022 tax return falls on October 17th, if you are on a 6-month extension. Call our office and make an appointment to get that return wrapped up.

This is also the time of year that we like to encourage a year-end tax planning meeting with clients. Together, we can anticipate your tax obligation for 2023 fairly accurately and consider strategies that can reduce your taxes yet this year. Without this meeting, our team may not be able to do more for you than to accurately complete your tax return next spring. We would have lost our ability to “pre-plan” your year-end tax obligation.

If you’ve never scheduled a tax planning meeting, you may be wondering if the tax savings will be more than the fee for the service.

I can tell you that my clients who have started meeting with me prior to year-end continue to do so every year. They have recognized not only tax savings but also enjoy both the strategic nature of the meeting and the peace of mind it gives them, not to mention, valuable information about what they can expect to pay or receive back on tax day.

by Daniel DeHoek, CPA | ABV | CFP®
Managing Member