09/02/2026
Labor Day Tax Tip: Don’t Wait Until Tax Season to Think About Taxes
Labor Day is a good reminder that the income you earn throughout the year can create tax-planning opportunities before December 31.
A few things worth reviewing now:
Are you withholding enough from your paycheck?
Are your quarterly estimated tax payments on track?
Are you maximizing retirement plan contributions?
If you own a business, are payroll and owner compensation being handled correctly?
Are there equipment or vehicle purchases you are considering before year-end?
A little planning now can make April much less painful.
Happy Labor Day from Palmer Accounting Services, LLC!