SimpliBookkeeping

September is a useful point in the year for business owners to start looking beyond current revenue and expenses and think about what their 2026 financial results could mean at tax time. Waiting until December can leave very little room to adjust major purchases, organize records, or discuss tax planning opportunities with an accountant. That conversation is particularly important this year because several federal tax provisions affecting small businesses have changed. Some of the changes...

Tariffs can sound like an issue that belongs primarily to large manufacturers and companies importing products directly into the United States. For many small businesses, the financial impact is much closer to home. A company may never import a product itself and still pay higher prices for materials, equipment, inventory, packaging, or components purchased from domestic vendors. That makes tariffs increasingly relevant to financial planning in 2026. The Federal Reserve's latest Small...

A business can have a strong month and still be moving in the wrong direction. Revenue may jump because of one large project, expenses may temporarily fall, or a few customers may pay outstanding invoices at the same time. Looking at that month by itself can create an overly positive picture of financial performance. Quarterly financial reviews provide more context. Three months of financial data makes it easier to separate temporary changes from developing trends and gives business owners...