Business Tax Health Check : 2026 Edition

Do you know what your estimated tax bill looks like for 2026 right now, not in October?

Has anyone reviewed whether your current entity structure (LLC, S-Corp, sole proprietor) is still the most tax-efficient for your income this year?

Did every qualifying asset placed in service after Jan 19, 2025 receive 100% bonus depreciation on your last return?

Is your salary-to-distribution split optimised for the 20% QBI deduction? Wrong ratio means an automatic deduction reduction.

Have your 2022 to 2024 returns been reviewed for retroactive R&D expensing eligibility? Average missed credit: $15K to $80K.

Does every income figure in your books match exactly what Stripe, PayPal, your clients, and your bank reported to the IRS this year?

Are your 1099-NEC and 1099-K filings current under the new 2026 thresholds? The old $600 rule no longer applies.

If the IRS sent a notice tomorrow, could you respond with complete documentation within 72 hours without scrambling?

Have your books consistently closed within 7 days of month-end this year? A 4 to 6 week lag is a structural audit risk.

If a bank or lender asked for verified financials today, could you produce them within 48 hours?

Do you plan to apply for any loan, vendor contract, or grant in the next 12 months with financials that can be independently attested?

Are your financial statements prepared to a standard a third party can rely on, not just a bookkeeper summary that looks like financials?