Welcome to 2026: Make These 4 Financial Moves Right Now
Welcome to 2026: Make These 4 Financial Moves Right Now  
Podcast: Small Business Tax Savings Podcast
Published On: Wed Jan 07 2026
Description: If you are already behind on your taxes in January, there are four tax tasks you cannot skip.In this episode, we break down the four financial tasks every business owner needs to complete in January to start 2026 clean and organized. Mike explains why unfinished bookkeeping leads to missed deductions and unnecessary stress, how to properly review your financials, and why most tax issues begin long before filing season.We also cover the importance of creating a simple financial summary document, meeting the January 31 1099 deadline, and building a proactive tax plan early in the year instead of scrambling in December.If you want 2026 to be more profitable and less stressful, this episode shows you exactly where to start.👉 Get the Free Tax Savings Starter Kit Built for Small Business Owners: https://www.taxsavingspodcast.com/starterkit🚀 Book your free demo call today. Click here or visit: https://taxelm.com/demo/Chapters(00:37) Close Out 2025 Before You Move ForwardWhy unfinished bookkeeping follows you into the new year.(01:00) How to Review Your Books the Right WayWhat to check in your income statement and balance sheet for accuracy.(02:55) How to Organize Tax Documents ProperlyWhy storing receipts and records now saves stress later.(03:50) The Financial Summary Document Every Owner NeedsA simple snapshot that shows assets, liabilities, and insurance in one place.(06:36) Why Advisors Love This One DocumentHow it leads to better advice, faster decisions, and smarter planning.(08:00) The January 31 1099 DeadlineWho needs a 1099, who does not, and what payments count.(11:07) Implementing Tax Strategies Throughout the YearWhy spreading strategies across the calendar leads to real savings.(13:24) The Bottom Line for a Strong 2026Clean books, clear visibility, timely filings, and a tax plan that works.Podcast Host:Mike Jesowshek, CPA – Founder and Host of Small Business Tax Savings PodcastJoin TaxElm: https://taxelm.com🚀 Visit:  https://www.TaxSavingsPodcast.com 🚀 Check Out TaxElm: https://taxelm.com/🚀 Join our Free Facebook Group: https://www.facebook.com/groups/taxsavings/🚀 YouTube: www.TaxSavingsTV.com👋🏼 GET IN TOUCHYou can Tweet @MJesowshek with any feedback, ideas, or thoughts about the lessons you've learned from the episodes. We want to thank you personally for tuning in 🙏🙌LEAVE A REVIEWIf you enjoy the podcast, please leave a 5-star review on Apple Podcasts or Spotify—it helps more business owners find the show ⭐🎙 ABOUT THE PODCASTThe Small Business Tax Savings Podcast is your go-to resource for cutting-edge tax strategies to help entrepreneurs legally slash their tax bills. Hosted by Mike Jesowshek, CPA, this show breaks down complex tax topics into clear, no-fluff insights so you can keep more of your hard-earned money.