Prepare Your Bookkeeping Deductions Early: S5E5

Send us Fan MailTax prep starts now — not later. Getting your deductions organized early can save stress, time, and money when tax season rolls around. Our resident Bookkeeping Mensch, Paul Rosenblum, knows that whether you're a W-2 employee or running your own business, knowing what to track now will keep your books in top shape — and your future self will thank you. In this episode Paul covers personal medical expenses to powerful business deductions like Section 179 and bonus depreciation. In essence, what matters most for 2025 tax prep. Speaking of deductions, why did the bookkeeper bring a ladder to work? Because they heard the deductions were through the roof! Links: Tax rate chart: https://www.linkedin.com/posts/paul-rosenblum-b284a3_smallbusiness-taxes-accounting-activity-7336864838956015619-J2-UEpisode 1: https://www.buzzsprout.com/2188873/episodes/12836059-start-up-expensesSupport the show👀 We got reviewed! Why an Indie Accounting Podcast Is Not Boring! https://vocal.media/trader/why-an-indie-accounting-podcast-is-not-boring😄 Send Paul a text or 📞 voice message (include your contact info if you want a reply) https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms🎧 Producer Steph: https://linktr.ee/stephfuccio💸  Website: https://bookkeepermensch.com 🎵 Music: SourceAudio: https://www.sourceaudio.com/🔉 Sound effects: https://freesound.org/people/metalfortress/sounds/611788/📨   Email:   [email protected]