What's In the Rearview Mirror Might Be Closer Than It Appears: 2025 Year-End Planning

December 31, 2025, is not the time to be thinking about your year-end financial statements and tax matters – the time for that is now! In order to prepare for a smooth year-end for both internal financial statements and for tax preparation and reporting, there are a number of initiatives business owners can take on now. Our Entrepreneurial Accounting Solutions (EAS) team Partners, David Blain and Lindsay Young, along with Tax Senior Manager Zach McLaren, covered a “checklist” to prepare business owners for year-end, while also providing some guidance for more consistent checkups on the health of their organizations. Attendees of this McKonly & Asbury Webinar gained insight on the following: Key internal financial statement matters to address before year-end; balance sheet review, profit and loss statement analysis, and budgeting and forecasting in 2026. Key tax initiatives of the One Big Beautiful Bill Act (OBBBA) that business owners can review and take advantage of before year-end 2025. How to establish a framework for review of financial health for an organization for 2026.