Now is the time to start preparing for your 2024 year-end tax filings!
Huh?
If you have a business, this is the time to update and improve your company bookkeeping. This will 1) save you money at year end 2) improve accuracy and 3) provide a base for better business analytics.
For you individual returns this is the time to improve your filing system and to make a checklist of items, using the 2023 return as a starting point.
Next February is the wrong time to start preparing for the 2024 tax returns.