Avoid Tax-Time Panic With These Three Steps
Episode description
In this helpful episode of the System Saved Me podcast, Keila Hill-Trawick, founder of Little Fish Accounting, shares her expert advice on managing small business finances with big firm expertise. Keila breaks down the importance of maintaining up-to-date bookkeeping, preparing for tax season, and making quarterly tax estimates. This episode is a must-listen for solo entrepreneurs and small service businesses aiming to navigate tax season without surprises and to maintain financial stability year-round.
MORE ABOUT KEILA:
TIMESTAMPS:
0:00 - Introduction to the podcast and topic of managing business finances.
1:05 - Keila Hill-Trawick introduces herself and Little Fish Accounting's mission.
2:43 - Step 1: Importance of up-to-date bookkeeping for financial clarity.
6:08 - Step 2: Making and paying quarterly tax estimates.
8:02 - Tools and tips for accurate tax payment scheduling.
11:08 - Step 3: Scheduling regular financial check-ins to stay proactive.
12:03 - Key elements to review in financial check-ins.
16:56 - Recap of steps to avoid tax surprises and maintain financial stability.
17:34 - Conclusion and invitation to connect with Keila for more tips.