08/31/2026
When something big happens in your life or business, one of the first thoughts you should have is how to optimize your tax strategy. Significant changes like these can open and close a door before the year ends:
1. If you started or bought a business, how itâs structured and how you pay yourself affect your tax bill.
2. If you made more money than normal, you might be able to soften the hit before itâs taxed.
3. The timing and treatment of a property purchase or sale can change what you owe.
4. If you changed how you pay yourself, you might see some differences in how much you owe.
If any of these sound like your year, itâs worth a conversation before the yearâs over. Contact K & K Payroll and Tax LLC for information on how we approach tax planning in Mankato and turn big changes like these into chances to owe less.