Q1 Updates for your Business

Welcome to another Podcast episode where I am diving into what you should be doing or thinking of doing in and for Q1.

Things mentioned:

• Quarterly estimated tax payment due date- Q1 due Jan 16th. In the episode, I say January 15th but this is a holiday so the payment is due the next business day.
• Who needs a 1099 in your business
• Due dates for employers to issue W-2s to employees
• Tax due dates
• How to create more organization in your business for an easier tax year
• The difference between Tax Season and Tax Planning Season
• Beneficial Ownership Information Reporting- general info and due dates

Links mentioned:

1. House of CEO Quarterly Estimated Calculator
2. The Exceptional Business Spreadsheet
3. 1099 Blog Post
4. BOI Blog Post