Year-End Reminders from Your Senter CPA Team

by | Sep 15, 2025 | Accounting, Tax

Year-End Client Reminders from Your Senter CPA Team

At Senter CPA, we see firsthand how quickly the end of the year sneaks up on all of us. To make sure you’re all set up for success, here are the most important things to keep on your radar between now and December.

Key Deadlines

  • October 15th: Final deadline for extended individual and business tax returns. Please get all documents to us well ahead of time.
  • December 31st: Last chance to make 2025 retirement contributions, charitable donations, and certain business purchases that could reduce this year’s taxable income.

Year-End Planning Tips

  • Retirement savings: Max out 401(k), IRA, or HSA contributions.
  • Charitable giving: Consider donating appreciated assets or bunching donations this year for a bigger deduction.
  • Business Owners: If you’re planning to invest in equipment or technology, placing it in service before December 31 may provide tax benefits.

What’s New in 2025

This year’s tax law changes (thanks to the new “One Big Beautiful Bill Act”) brought a few updates that could help you:

  • Enhanced small business deductions including bonus depreciation and Section 179 expensing.
  • Adjusted reporting thresholds for 1099 forms.
  • Increases opportunities for Qualified Small Business Stock planning.

Our Advice

The earlier we receive your information, the more time we’ll have to review everything carefully and look for opportunities that could benefit you. Sending documents in advance also helps make the process smoother and less stressful for everyone. To make things even easier, you can now securely upload your files through our TaxDome client portal – a simple, convenient way to share documents with us anytime.

We look forward to helping you finish the year strong and set yourself up for success in 2026.

 

Always remember, Senter, CPA is here for you if you need any assistance.

Don't hesitate to give us a call at 248-934-0550, or contact us below.

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