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Does tax planning feel like something you can put off until later? You’re not alone—but waiting until the last minute to prepare your taxes can cost you more than you realize. Whether you’re a small business owner, an investor, or part of a partnership, delaying your tax planning could mean higher costs, missed opportunities, and strained relationships with your stakeholders.

At Insogna CPA, we’ve seen firsthand how proactive tax planning can save money, reduce stress, and build trust. Let’s dive into why starting early is so important and how working with an experienced Austin, Texas CPA can help you get ahead.

The Real Cost of Delayed Tax Planning

Have you ever scrambled to file taxes at the last minute? It’s not just stressful—it’s expensive and can create ripple effects beyond your immediate finances.

1. Higher Costs for Last-Minute Filing

Waiting until the last minute often means paying extra for rush services. Accountants and tax preparers charge more during peak tax season, and mistakes made during a rush could lead to amendments or penalties later.

How We Can Help: At Insogna CPA, we offer year-round tax support so you can avoid last-minute fees and ensure accuracy.

2. Late K-1 Filings Can Damage Relationships

If your business issues K-1 forms—for partnerships or S Corporations—delays in filing can hold up tax returns for your partners or investors.

Think About This: Imagine telling an investor they can’t file their taxes because their K-1 wasn’t ready. That’s not the impression you want to leave.

Our Solution: Insogna CPA’s proactive approach ensures K-1s are filed on time, strengthening trust and professionalism with your stakeholders.

3. Missed Tax-Saving Opportunities

When you wait until the last minute, you lose the chance to take advantage of tax-saving strategies that require early action, such as:

• Accelerated Depreciation: Deduct the full cost of qualifying business equipment.
• Retirement Contributions: Maximize your savings before the year ends.
• Entity Restructuring: Shift to a more tax-efficient structure.

How We Help: As one of the most trusted CPA firms in Austin, TX, we identify these opportunities well in advance so you don’t leave money on the table.

4. Higher Risk of an IRS Audit

When you rush your tax preparation, errors and missing documentation become more likely. These red flags increase your risk of being audited by the IRS.

How We Protect You: Insogna CPA offers comprehensive Austin accounting services to ensure your tax filings are accurate, complete, and audit-proof.

Why Early Tax Planning Saves You Money

Timely tax planning isn’t just about meeting deadlines—it’s about putting yourself in a stronger financial position. Here’s how starting early helps:

1. Maximize Every Deduction

When you start planning early, you can identify and document every eligible deduction, from business expenses to charitable donations.

Example: A local small business owner in South Austin saved thousands by tracking expenses earlier in the year with Insogna CPA’s guidance.

2. Avoid Penalties and Interest

The IRS doesn’t take kindly to late filings or underpayments. Starting early ensures you meet every deadline and avoid unnecessary penalties.

Pro Tip: Let us manage your deadlines. As one of the top CPA firms Austin, Texas businesses trust, we’ll make sure you’re never late.

3. Plan for Cash Flow

Knowing your tax obligations early means you can budget for payments instead of scrambling to find funds at the last minute.

How We Help: Insogna CPA’s Austin accounting services include tax forecasting to help you stay ahead.

4. Build Trust with Investors and Partners

Delivering tax documents like K-1s on time demonstrates professionalism and reliability—key traits that build confidence with your stakeholders.

What We Do: Our team ensures accurate and timely filing of partnership and corporate tax documents, helping you maintain trust and credibility.

How Insogna CPA Simplifies Tax Planning

At Insogna CPA, we know tax planning can feel overwhelming. That’s why we offer proactive, customized support for businesses, partnerships, and investors throughout Austin and beyond.

Here’s How We Make Tax Planning Easy:

1. Thorough Tax Reviews: We assess your current financials and identify opportunities for savings.
2. Advanced Tools: Using the latest technology, we forecast your tax liability and help you plan accordingly.
3. Customized Strategies: Every business is unique. We tailor our recommendations to align with your goals.
4. On-Time Filings: From K-1s to corporate returns, we handle all filings promptly to avoid penalties and delays.

Real-Life Example: Why Timing Matters

Case Study:
 A partnership in Austin came to us after years of late K-1 filings and disorganized financials. By their decision to work with Insogna CPA, they now implement better recordkeeping, file their documents early, and save over $12,000 in penalties and missed deductions.

Don’t Wait—Start Tax Planning Today

You don’t have to let tax season overwhelm you. With proactive planning, you can save money, reduce stress, and focus on what matters most: growing your business.

👉 Ready to get ahead of your taxes? Schedule your consultation with Insogna CPA today—your trusted partner for proactive tax planning and one of the most reliable Austin, TX CPA firms.

Starting a C Corporation is a big step for your business. You’ve taken the leap, but did you know that simple tax mistakes could be costing you thousands of dollars?

Running a successful C Corp means more than just growing your revenue—it’s about protecting your profits too. And that starts with understanding how to avoid costly tax errors many business owners make.

At Insogna CPA, a trusted Austin, Texas CPA, we specialize in helping businesses like yours avoid tax traps, stay compliant, and maximize every possible deduction. Let’s break down the most common tax mistakes new C Corps make and how you can avoid them.

1. Missing Key Tax Elections – Are You Leaving Money on the Table?

Did you know missing a tax election could cost you tens of thousands in extra taxes?

Key tax elections like the Qualified Small Business Stock (QSBS) and 83(b) offer massive tax benefits—but they must be filed correctly and on time.

Why It Matters:

• QSBS Election: Could exclude up to 100% of capital gains when selling eligible shares held for 5+ years.
• 83(b) Election: Lets founders pay taxes upfront on restricted stock, often reducing long-term tax liability.

How to Fix It:
 Don’t let missed deadlines cost you thousands. Work with an Austin accounting service like Insogna CPA to ensure your elections are filed on time and correctly.

2. Lending Money to Yourself Without Proper Paperwork

Have you ever borrowed money from your business—or loaned it to a shareholder?

Unstructured loans to business owners or shareholders can quickly trigger taxable dividend reclassification and IRS scrutiny.

Why It Matters:

• If the IRS suspects a loan is a disguised dividend, it becomes taxable income.
• Missing documentation can lead to penalties and back taxes.

How to Fix It:
 Keep it official. If you’re lending from the company or borrowing from it, document it properly with a loan agreement and repayment schedule. A small business CPA in Austin TX can help you get the paperwork right.

3. Filing Taxes Late (or Not at All)

Let’s be honest—staying on top of tax deadlines while managing your business can feel overwhelming. But missing a deadline could be a costly mistake.

Common Missed Forms:

• Form 1120: The C Corporation income tax return.
• State Franchise Tax Returns: Required in Texas and other states where you operate.
• Form 5471: For foreign interests in your business.

Why It Matters:

• Penalties can reach $10,000+ per form for late filings.
• Missed filings increase your audit risk.

How to Fix It:
 Partner with a proactive CPA firm in Austin, Texas like Insogna CPA. We track all deadlines for you, so you never have to stress about missing a filing again.

4. Paying Yourself the Wrong Salary

Wondering how much you should pay yourself as a business owner? It’s a tricky balance—and getting it wrong could trigger IRS scrutiny.

Why It Matters:

• Underpaying Yourself: Could result in penalties for avoiding payroll taxes.
• Overpaying Yourself: Might lead to higher payroll taxes unnecessarily.

How to Fix It:
 You need a reasonable compensation strategy. We can help you determine the right balance between salary and profit distributions to reduce tax liability while staying compliant.

5. Not Planning for Passive Income Taxes

Does your C Corporation generate passive income—like rental property income or investment gains?

If so, you might face hidden taxes like:

• Personal Holding Company (PHC) Tax: If passive income exceeds 60% of total income.
• Accumulated Earnings Tax (AET): If profits are retained without a valid business purpose.

Why It Matters:
 Ignoring these rules could result in extra taxes and penalties.

How to Fix It:
 A CPA South Austin expert can help you restructure your income to avoid triggering these taxes while staying within IRS guidelines.

6. Poor Recordkeeping (It’s Riskier Than You Think)

Messy financial records aren’t just inconvenient—they can cost you big time.

Signs of Poor Recordkeeping:

• Missing or incomplete receipts.
• Unreconciled bank statements.
• Disorganized financial reports.

Why It Matters:

• Poor records increase audit risk.
• Missed documentation could lead to disallowed deductions.

How to Fix It:
 Let a professional CPA in Round Rock, TX set up a reliable bookkeeping system for you. From digital tools to monthly reconciliations, we’ll help you stay audit-proof.

How Insogna CPA Protects Your C Corporation from Costly Mistakes

At Insogna CPA, we get it—you’re focused on growing your business, not on tax forms and compliance checklists. That’s why we offer proactive tax planning for C Corporations like yours.

When You Work with Us, You’ll Get:

• ✅ Comprehensive Tax Planning: We identify ways to reduce your tax liability through strategic elections and structuring.
• ✅ Deadline Management: We track all tax deadlines so you stay compliant—no stress, no late penalties.
• ✅ Audit-Ready Recordkeeping: Our Austin accounting services ensure your financials are organized and IRS-compliant.
• ✅ Customized Compensation Plans: We’ll guide you on paying yourself properly while minimizing tax exposure.

Avoid Costly Mistakes—Partner with Insogna CPA Today

Running a C Corporation doesn’t have to feel overwhelming—especially when you have expert support. Avoid tax pitfalls, save money, and focus on what you do best: growing your business.

👉 Ready to take control of your business taxes? Schedule a consultation with Insogna CPA today—your trusted Austin, Texas CPA firm for proactive tax strategies that protect your profits.

Are you paying more in taxes than you need to? If you’ve recently converted your business to a C Corporation or issued stock to shareholders, you might be leaving thousands of dollars on the table without even realizing it.

It happens more often than you think—many business owners miss crucial tax-saving elections like the Qualified Small Business Stock (QSBS) and the 83(b) election. The result? Higher tax bills, missed deductions, and a bigger chunk of your hard-earned profits going straight to the IRS.

The good news? You can prevent these costly mistakes with proactive planning and expert support from a trusted Austin, Texas CPA. Let’s break it down and help you keep more of your money.

Are You Missing Tax Elections?

If you’ve recently made big business moves—like restructuring from an LLC to a C Corporation or issuing stock to founders—there’s a chance you’ve missed tax elections that could save you thousands.

Here’s Why It Happens:

• You Didn’t Know About It: Many small business owners aren’t familiar with tax elections like QSBS or the 83(b) and how they reduce tax liability.
• Tight IRS Deadlines: Some elections, like the 83(b) election, must be filed within 30 days of issuing stock.
• It’s Complicated: The language around these elections is confusing, and missing one small step can disqualify you from tax benefits.

The result? Paying higher capital gains taxes and missing out on valuable deductions that could have protected your bottom line.

What Is a Tax Election, and Why Should You Care?

A tax election is a formal choice you make to reduce your tax liability under certain conditions. For C Corporations, two of the most commonly missed elections are:

1. Qualified Small Business Stock (QSBS)

QSBS allows you to exclude up to 100% of capital gains when you sell eligible stock after holding it for five years. This can be a game-changer for long-term tax savings.

Example: If you sell $1 million of eligible QSBS stock, you could pay zero in capital gains taxes.

2. 83(b) Election

If you issue stock or grant equity to founders or early employees, the 83(b) election lets you pay taxes upfront when the shares are issued instead of when they vest and increase in value.

Why it Matters: Paying taxes early often results in lower rates since the value of the shares may be minimal at the time of grant.

Missing These Elections Can Mean:

• Paying thousands more in capital gains taxes.
• Being taxed at higher rates on shares as they grow in value.
• Losing out on tax-saving strategies built for long-term wealth.

How to Fix Missed Tax Elections (or Prevent Them Altogether)

The good news? It’s not too late to take control of your tax situation. Here’s how you can avoid costly mistakes moving forward:

1. Identify Which Tax Elections Apply to You

Not all tax elections are relevant for every business. A trusted small business CPA in Austin, TX can help you figure out which elections make the most sense for your business structure.

Common Elections You Might Need:

• QSBS Election: Ideal for startups and growing businesses planning to sell stock in the future.
• 83(b) Election: Best for founders and early-stage employees receiving equity grants.
• S-Corp Election: If you’re considering moving to a pass-through structure to avoid double taxation.

Pro Tip: Insogna CPA can review your entity structure to identify any missed tax-saving opportunities.

2. Act Fast—IRS Deadlines Are Tight

The IRS doesn’t offer much flexibility when it comes to tax elections.

• 83(b) Election: Must be filed within 30 days of issuing stock.
• QSBS Eligibility: Must be documented at the time of share issuance.

Miss the deadline? Without expert support, your business could lose the ability to claim these benefits permanently.

Pro Tip: Insogna CPA, a top CPA firm in Austin, Texas, can help you stay on track by managing filing deadlines and keeping your records organized.

3. Keep Your Financial Records Clean and Clear

Accurate record-keeping helps you stay compliant and ready for tax-saving opportunities.

• Document all share issuances and entity conversions.
• Track all filing dates and tax elections made.
• Store financial records securely and accessibly.

Pro Tip: Partner with a CPA South Austin professional for bookkeeping and compliance services to avoid costly oversights.

4. Work with a CPA Who Understands Tax Elections

Trying to navigate tax elections alone can feel overwhelming. The rules are complex, and missing one step could cost you thousands. This is where working with a CPA firm in Austin, TX makes all the difference.

At Insogna CPA, we help you:

• Identify Missed Elections: If you’ve already restructured your business or issued stock, we’ll assess if you missed any elections.
• File on Time: We track IRS deadlines and ensure all forms are filed correctly.
• Maximize Your Savings: Our proactive tax strategies help you legally reduce your tax bill while staying compliant.

Real Results: How Insogna CPA Helped a C Corp Save Big

Case Study: A local business owner in Austin converted their LLC to a C Corporation but didn’t file the QSBS election. After reviewing their structure, our team identified the missed election and corrected it in time for their upcoming stock sale—saving them over $75,000 in capital gains taxes.

Why Choose Insogna CPA?

At Insogna CPA, we specialize in helping small businesses and C Corporations stay compliant while maximizing tax savings. Whether you’re restructuring your business or issuing founder shares, we ensure you’re protected against costly tax mistakes.

✅ Top-Rated CPA Firm in Austin Texas
✅ Proactive Tax Planning for Small Businesses
✅ Expertise in Entity Conversions & Tax Elections

Don’t Leave Money on the Table—Act Now

Missing tax elections doesn’t have to cost you thousands. With proactive planning and expert guidance, you can stay compliant, reduce your tax bill, and protect your profits.

👉 Let Insogna CPA, your trusted Austin, TX CPA firm, help you protect your hard-earned money with expert tax strategies.

📞 Schedule a consultation today to take control of your taxes!

Being a 1099 contractor gives you freedom—freedom to manage your schedule, choose your clients, and grow your business on your terms. But that freedom also means you’re responsible for your own taxes, and missing valuable deductions could mean overpaying the IRS.

The good news? You might be sitting on tax savings without even realizing it. At Insogna CPA, a trusted Austin, Texas CPA, we help contractors like you maximize deductions, stay compliant, and keep more of your hard-earned income. Let’s break down the top seven deductions many contractors overlook—and how you can start capturing them today.

1. Mileage and Vehicle Expenses

If you’re driving to client meetings, job sites, or running business errands, you’re probably entitled to a mileage deduction—but only if you track it properly.

You Can Deduct:

• Mileage driven for business-related trips (65.5 cents per mile in 2023).
• Parking fees and tolls.
• Vehicle maintenance related to business use.

Quick Tip: Use apps like MileIQ to track mileage automatically. Need help applying this correctly? Our small business CPA in Austin can guide you through the process.

2. Home Office Deduction

Do you work from home? If you have a dedicated workspace used exclusively for business, you can claim the home office deduction.

You Can Deduct:

• A portion of your rent or mortgage.
• Utilities like electricity, water, and the internet.
• Office furniture, repairs, and maintenance.

Quick Tip: The simplified method allows a flat $5 per square foot, up to $1,500. Need help figuring out the best method for your business? Our Austin accounting services can help you maximize this deduction.

3. Continuing Education and Certifications

Investing in your skills isn’t just good for business—it’s tax-deductible too.

You Can Deduct:

• Online courses and professional certifications.
• Industry conferences and seminars.
• Books and educational materials related to your work.

Quick Tip: Save receipts and document how the course relates to your business. Our CPA firm in Austin, TX can help ensure you stay compliant while claiming these expenses.

4. Professional Tools and Equipment

Buying tools and equipment for your work? You can deduct them—but many contractors forget to.

You Can Deduct:

• Laptops, software, and office equipment.
• Job-specific tools and machinery.
• Repairs and maintenance for business-use items.

Quick Tip: For large equipment purchases over $2,500, you may need to spread the deduction over multiple years. Let our CPA in Round Rock, TX help you determine the best tax strategy.

5. Business Meals and Networking Events

Grabbing lunch with a client or attending a business event? Some meal expenses are deductible—but the IRS has rules.

You Can Deduct:

• Meals with clients, partners, or prospects for business discussions.
• Meals during business-related travel.
• Networking event expenses where business was discussed.

Quick Tip: Keep itemized receipts and note the business purpose to stay IRS-compliant. Our Austin CPA firm can help you understand what qualifies for a deduction.

6. Software Subscriptions and Business Tools

Do you use software to manage your business? It’s a deductible expense that often gets overlooked.

You Can Deduct:

• Accounting software like QuickBooks.
• Project management tools like Trello and Asana.
• Creative software like Adobe Creative Cloud.

Quick Tip: Track your monthly subscription fees carefully. Our Austin, TX CPA firms help contractors manage digital expenses for maximum tax benefits.

7. Retirement Contributions

Saving for your future can also help reduce your taxable income.

You Can Deduct:

• Contributions to a SEP IRA or Solo 401(k).
• Traditional IRA contributions (if eligible).

Quick Tip: Contributions can lower your taxable income while building long-term wealth. Our CPA South Austin experts can help you set up the right retirement plan for your goals.

Why Work with Insogna CPA?

Navigating self-employment taxes can feel overwhelming—but you don’t have to do it alone. At Insogna CPA, one of the best CPA firms in Austin, we specialize in helping 1099 contractors:

✅ Maximize Deductions: Stop leaving money on the table.
✅ Stay IRS Compliant: Avoid penalties with proper record-keeping.
✅ Proactive Tax Planning: Plan ahead, not just during tax season.

Stop Missing Deductions—Start Saving Money Today

You work hard—don’t let the IRS take more than its fair share. Partner with Insogna CPA, your trusted Austin accounting firm, and let us help you keep more of what you earn.

👉 Contact Insogna CPA today and let us ensure you’re capturing every deduction you deserve.

Are you tired of overpaying on taxes as a 1099 contractor or small business owner? You’re not alone. Many business owners don’t realize they could save thousands of dollars each year simply by optimizing their business structure.

If you’re operating as a sole proprietor or an LLC, you may be paying too much in self-employment taxes. Here’s the good news: electing S-Corp status could significantly reduce your tax bill—and it’s easier than you think. Let’s talk about why this happens, how to fix it, and how a trusted Austin, Texas CPA like Insogna CPA can help you start saving.

Why Are You Overpaying Taxes?

If you’re running your business as an LLC or sole proprietor, all your net income is subject to self-employment taxes—at a hefty 15.3%. While this may seem unavoidable, it doesn’t have to be.

The problem is simple: without an S-Corp election, you’re paying self-employment tax on every dollar you earn. That’s money you could be using to grow your business or invest in your future.

What’s the Fix? Electing S-Corp Status

Electing S-Corp status for your LLC is one of the smartest moves you can make to lower your tax bill. Here’s how it works:

Split Your Income

When you choose S-Corp status, your income is divided into:

1. Salary: This is subject to payroll taxes.
2. Distributions: This isn’t subject to payroll taxes.

This split reduces the portion of your income exposed to the 15.3% self-employment tax, which means you keep more of your money.

Real-World Example: How Much Could You Save?

Let’s say you run a small business in Austin and earn $120,000 annually as an LLC:

• As an LLC, your entire $120,000 is subject to self-employment tax. That’s $18,360 in taxes!
• With S-Corp election, you pay yourself a reasonable salary of $50,000 (subject to payroll tax: $7,650) and take the remaining $70,000 as distributions (not subject to payroll tax).

Your Savings: $18,360 – $7,650 = $10,710 saved annually.

How Do You Elect S-Corp Status?

Electing S-Corp status involves a few steps, but don’t worry—it’s manageable with the right help.

1. File Form 2553 with the IRS: This officially elects S-Corp status for your LLC.
2. Set Up Payroll: Pay yourself a reasonable salary to stay compliant.
3. Maintain Compliance: File payroll taxes and S-Corp tax returns on time.

If this sounds complicated, you don’t have to do it alone. A small business CPA in Austin like Insogna CPA can guide you through the entire process, ensuring you get it right the first time.

What Other Benefits Come with S-Corp Status?

It’s not just about saving on taxes. S-Corp status comes with additional perks that help you grow your business and manage your finances:

• Retirement Savings: Maximize contributions to a Solo 401(k) or other retirement accounts.
• Professional Image: Operating as an S-Corp enhances your credibility with clients and partners.
• Reduced Audit Risk: With proper guidance from a CPA South Austin, your business is less likely to attract IRS scrutiny

Why Work with Insogna CPA?

At Insogna CPA, we know how important it is for you to save money and run your business efficiently. That’s why we’ve helped countless business owners like you in Austin and beyond take advantage of S-Corp tax savings.

Here’s how we can help:

1. Calculate Your Savings: We’ll review your income and estimate how much you can save with an S-Corp election.
2. Simplify the Setup: From filing the paperwork to setting up payroll, we handle the details so you don’t have to.
3. Ensure Compliance: Stay on top of payroll taxes and filings with ongoing support.
4. Tailor Advice to Your Needs: As one of the top accounting firms in Austin Texas, we make sure your S-Corp strategy works for your unique goals.

Start Saving Today

Why keep overpaying taxes when you don’t have to? Electing S-Corp status could save you thousands every year, and Insogna CPA is here to help you make it happen.

Schedule a consultation with Insogna CPA today and discover why we’re one of the best CPA firms in Austin for small businesses. Let’s start putting more money back into your business and your future.

Let’s be real. Tax season isn’t exactly the highlight of your year. If you’re an Amazon, eBay, Shopify, or Etsy seller, you’re already juggling inventory, shipping, and customer service. The last thing you need is a tax nightmare because of messy records or IRS red flags.

The good news? You can avoid the stress. With the right checklist, you can stay compliant, maximize deductions, and make tax season a breeze.

At Insogna CPA, a trusted CPA firm in Austin, Texas, we help e-commerce sellers stay organized, reduce their tax burden, and avoid costly mistakes. Follow this step-by-step checklist, and you’ll be IRS audit-proof and tax-season ready.

1. Confirm Your 1099-K Matches Your Reported Income

If you process payments through PayPal, Stripe, Amazon, or Shopify Payments, you’ll receive a Form 1099-K, which reports your total sales to the IRS. And starting in 2024, the reporting threshold dropped to just $600.

What This Means:

• More sellers will now receive IRS-reported 1099-K forms.
• If your tax return doesn’t match what’s on your 1099-K, expect an IRS inquiry.
• Even cash and Venmo sales need to be reported—the IRS is watching.

Pro Tip: Not sure if your numbers match? A tax advisor in Austin can help you reconcile everything before filing.

2. Verify Your Inventory Records in QuickBooks or Your Accounting Software

Your cost of goods sold (COGS) deduction is based on accurate inventory records. If your numbers don’t add up, the IRS might question your expenses.

What to Do:
 ✔ Ensure your inventory purchases match supplier invoices.
 ✔ Track ending inventory values and confirm they match your books.
 ✔ Document damaged, expired, or lost inventory—those losses can be tax-deductible!

Pro Tip: Selling on Amazon FBA? Check your storage & fulfillment reports—multi-state storage could mean unexpected sales tax obligations. A CPA in Austin, Texas can help you navigate it.

3. Reconcile All Business Expenses & Deductions

One of the easiest ways to overpay on taxes? Missing out on deductions. But claiming expenses without proper documentation? That’s an IRS red flag.

What to Track:
 ✔ Advertising & marketing expenses (Facebook, Google Ads, influencer sponsorships)
 ✔ Software subscriptions (Shopify, QuickBooks, Canva, etc.)
 ✔ Shipping & packaging costs (postage, boxes, labels, fulfillment fees)
 ✔ Home office deductions (if you run your business from home)

Pro Tip: If your books are a mess, don’t panic. A small business CPA in Austin can clean things up before tax season hits.

4. Double-Check Your Sales Tax Filings

If you sell in multiple states, you might owe sales tax in more places than you think.

What to Do:
 ✔ Check where you have sales tax nexus (Amazon FBA? High sales in certain states?).
 ✔ Make sure you’ve collected and remitted the correct sales tax amounts.
 ✔ Confirm that you’ve filed state sales tax returns where required.

Pro Tip: A CPA firm in Austin, Texas can help you stay compliant with multi-state sales tax laws so you don’t get hit with penalties.

5. Review Owner Disbursements & Payouts

How you pay yourself from your business matters—for taxes and compliance.

What to Do:
 ✔ If you have an LLC, make sure owner draws are tracked correctly.
 ✔ If you have an S-Corp, confirm you’ve paid yourself a reasonable salary (yes, the IRS checks this).
 ✔ Ensure payroll taxes were properly withheld and paid.

Pro Tip: Not sure if your business structure is tax-efficient? A CPA in Austin, Texas can help you optimize your setup to lower your taxes.

Let’s Make Tax Season Stress-Free

Look, you didn’t start your e-commerce business to stress about taxes but getting them right can save you thousands and keep you audit-proof.

At Insogna CPA, we specialize in e-commerce tax strategy, bookkeeping, and compliance for online sellers. Whether you need help reconciling your sales, filing taxes, or avoiding IRS headaches, we’ve got you covered.

Let Insogna CPA Handle Your Tax Prep!

Want to focus on growing your business instead of stressing over taxes? Schedule a consultation with Insogna CPA, your go-to Austin small business accountant, today!