KLS Bookkeeping & Tax Services

08/29/2026

💡 SATURDAY TAXPAYER TIP: Small Business Year-End Prep! 💡

📌 Don’t wait until January to get your business finances in order!

Year-end will be here before you know it, and now is the perfect time to start preparing. Taking a few steps today can help reduce stress, avoid costly mistakes, and make tax season much smoother!

✅ Review your income and expenses
Make sure all business transactions are properly recorded.

✅ Separate business and personal expenses
Avoid mixing finances—it can create major headaches at tax time!

✅ Reconcile your bank and credit card accounts
Make sure your books match your actual account balances.

✅ Organize receipts and supporting documents
Keep documentation for your business expenses and deductions.

✅ Review outstanding invoices
Follow up on unpaid invoices so you know exactly what income has been received.

✅ Start planning for your tax liability
Don’t wait until tax season to find out you owe! Proper planning can help you prepare.

📣 The best time to prepare for year-end is BEFORE year-end!

Need help getting your books organized or preparing your business for tax season? KLS Bookkeeping & Tax Service is here to help!

📞 Contact us today to get your business on track!

08/27/2026

Overtime‼️

08/26/2026

Comment “IRS” for more details!

08/26/2026

Reach out today! We offer affordable startup cost and payment option if you qualify! KLS Bookkeeping & Tax Services

08/18/2026

‼️ATTENTION BUSINESS OWNERS‼️

Your bank statement is not your bookkeeping system.

You should know what came in, what went out, what each expense you had, and have documentation to back it up. Good records make tax season a whole lot less stressful.

Need help? Reach out to us and we can help you get organized and on track! Organized books mean you can help you see how your business is performing!

📞 706-206-4806
📧 [email protected]

08/18/2026

ATTENTION‼️

IRS automatic penalty relief is now active

Effective August 10, the IRS began automatically removing certain failure-to-file, failure-to-pay and failure-to-deposit penalties for eligible taxpayers. Generally, clients must have filed and paid timely for the previous three years—or 12 consecutive quarters for quarterly returns. The process applies to eligible 2025 returns, 2026 quarterly returns and future periods. The IRS will send a confirmation notice when relief is applied. IRS guidance⁠

Who it affects: Individuals, businesses and employers with an otherwise good compliance history who recently filed, paid or deposited late.

If you are unsure if this would pertain to you. Please reach out to us as we can help you determine if you qualify.

📞 706-206-4806
📧 [email protected]

08/11/2026