Year-end isn’t the time to sprint—it’s the time to prepare. Use this simple attorney checklist to close strong and enter tax season ready:
- Clean & Catch Up: Reconcile operating and trust accounts through December; fix miscodings now so deductions don’t slip.
- Three-Way Trust Reconciliation: Lock a dated packet for auditors.
- 1099 Prep: Vendor W-9s, payments review, and filing list.
- Tax Strategy Sweep: Retirement contributions, timing of expenses, quarterly estimates, and entity-specific moves.
- AR & Cash: Collect outstanding invoices; consider payment plans before the holidays.
- Dashboard Review: Profit, cash runway, tax projection—confirm no surprises.
Firms that run this in Q4 avoid April fire drills and usually keep far more of what they earn. Put a 60-minute “year-end review” on the calendar now and assign each item.
Want a done-for-you year-end close? Book a Financial Clarity Call.