Decoder Monthly

February: Planning Month

Review key tax and business tasks to keep on your radar in February and stay on top of important responsibilities throughout the year.

During this month, we focus on the importance of strategic planning for your business. By creating content in bulk, assessing personal and business inventory, and implementing effective tax strategies, you can ensure a successful year ahead. Key Takeaways: -Draft media posts and content in bulk to maintain consistent direction and reduce the risk of business failure. -Prepare for the year by assessing personal and business impacts of self-employment, including long hours and increased responsibility. -Implement tax strategies such as home office deductions, retirement plans, and the Augusta Rule early in the year. -Track credit card spending meticulously and use technology to streamline receipt tracking and support against audits. -Review internal controls and financial statements to safeguard against fraud and identify areas for growth.

Up next in Decoder Monthly

March: Targets and Forecasting