For Vermont’s small business owners, the arrival of 2022 means that it’s time to prepare your 2021 year-end items for your tax preparer. To make that process as easy as possible, Carol Feliciano, VtSBDC consultant and owner of 802 Books & Taxes, has created a complete checklist of everything you will need.

As the business owner you can use this checklist to:
-Review your own financial statements
– Provide to your bookkeeper as a year-end guide to ensure the books are tax ready. And then use the checklist to review your bookkeeper’s performance and workflows.
-Identify complex issues to bring up with your tax preparer or accountant
-Discuss business strategies and operations questions with your VtSBDC advisor

If you want to learn more about your financial reports, check out VtSBDC’s seven-part video series, “Know Your Numbers,” co-facilitated by Carol and VtSBDC advisor Ross Hart.

We hope these resources will enable you to be empowered to understand your business’ financial picture, assess your profitability, and know the important questions to ask.

Looking for more? Check out our resources page or request advising from a regional advisor!

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