
Year-End Tax Planning for Business Owners: Strategic Moves Before December 31, 2026
Year-end tax planning for small business owners in 2026: expense timing, retirement contribution deadlines, bad debt write-offs, and more before Dec. 31.
We help individuals and small businesses in Chaska, Chanhassen, Shakopee and across the southwest Twin Cities metro, as well as clients in other states and US taxpayers living abroad, with tax preparation, tax planning, bookkeeping, and IRS letters, audits and representation. Led by John C Thompson, an IRS Enrolled Agent, our fully digital practice works with you wherever you are.

Based in Chaska, Minnesota, we serve individuals and small businesses throughout Carver County and the southwest Twin Cities metro, with clients across the state. Our fully digital firm makes secure document exchange and e-signature easy no matter where you are.

Accurate, stress-free filing for individuals and small businesses. Maximize your deductions and credits with expert guidance.
Guidance and representation for IRS letters, audits, and tax problems. Get peace of mind with expert help.


Proactive strategies to minimize your tax liability and plan for life changes. Tailored for individuals and small businesses.
Monthly bookkeeping that keeps your books current and your business ready for tax time. QuickBooks Online is included in every package.


Whether you need tax preparation, tax planning, bookkeeping, or IRS issue support, our entire process is designed for remote convenience. From your first contact to final delivery, everything happens securely online—no need to visit an office unless you prefer to.
Live in the Chaska area? See how local tax preparation and planning works.
Stay informed with our latest tax guidance and updates

Year-end tax planning for small business owners in 2026: expense timing, retirement contribution deadlines, bad debt write-offs, and more before Dec. 31.

OBBBA raised the Section 179 limit to $2.5 million for 2026. Here's what equipment qualifies, how it compares to bonus depreciation, and when the choice between them actually matters.

OBBBA raised the Child and Dependent Care Credit's top rate to 50% for 2026. Here's how the new sliding-scale rate affects daycare, camp, and after-school costs.
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