December Checklist: Essential Year-End Tasks for Business Owners

December is an important month for business owners. With year end officially here and the holidays in full swing, this is the best time to wrap up loose ends and make sure your financials are ready for a smooth start to the new year.

Use this month to:

• Check in with your bookkeeper or accountant

• Confirm all contractor information for upcoming 1099s

• Prepare for 1099s and year end reporting

• Review your payroll records before W 2 preparation

• Schedule a final tax planning call with your tax professional

• Make any last adjustments that could benefit your tax position

Finishing these tasks now will help you avoid the year end rush, reduce stress, and step into the new year with clean, accurate, and organized financials.

Upcoming Tax Deadlines

January 15, 2026

• Q4 estimated tax payment due for self employed business owners and pass through entities

January 31, 2026

• 1099-NEC forms must be furnished to contractors

• W-2 forms must be furnished to employees

• 1099-NEC filed with the IRS

• W-2 filed with the SSA

• Most state wage reports also due

Final Thoughts!

December is more than a wrap up month. It is your chance to take control before deadlines, filings, and the holiday rush collide. This is when year end reporting, 1099 preparation, payroll reviews, and final tax planning all come together. If you wait until the last minute, it can feel overwhelming, but a little structure now can save you time, money, and stress as the year closes.

By reviewing your numbers, confirming what needs to be filed, and making sure your systems are organized, you give yourself the space to finish the year with clarity and confidence instead of scrambling to catch up.

Our team is here to help you stay organized, compliant, and fully supported so you can enter the new year feeling prepared, steady, and in control.