Proactive tax planning: avoid surprises, reduce cash shocks

Quarterly planning beats April panic. Here’s a simple cadence to stay ahead of taxes.

Collect prior‑year returns and current‑year actuals. Build a simple estimate model using year‑to‑date results and expected run‑rate.

Schedule quarterly check‑ins to true‑up estimates and avoid underpayment penalties.

Tie tax planning back to cash‑flow forecasting so payments don’t surprise your operating cash.

Key takeaways

• Clean, audit‑ready books enable faster decisions and better cash control.
• Short, visible processes (like a month‑end checklist) reduce variance and rework.
• Executive summaries turn statements into actions for owners and managers.

How PeakPoint Finance can help

We close your books each month, deliver executive‑level reports, forecast cash‑flow, and plan taxes proactively so there are no surprises. If you’d like help implementing these ideas, we’d love to talk.