Why Your Tax Refund Is Not Good News

If your accountant congratulated you on your tax refund — find a new accountant.A tax refund isn't found money. It's your own money, returned to you without interest, after the IRS held it for months while you could have been using it in your business. For a small business owner who controls their own quarterly estimated payments, overpaying isn't bad luck. It's a choice — usually an uninformed one.In this solo episode of Books & Backbone, Donna Harris makes the case for a different goal entirely: not a big refund, not a surprise bill, but accuracy. Knowing exactly what you'll owe before you owe it — every quarter, based on real data from current books — so that April is a confirmation rather than a crisis.She walks through how quarterly estimated tax planning actually works, why clean books are the foundation of an accurate estimate, and why the businesses that get surprised by their tax bills are almost always the ones whose books are behind.Q3 estimated taxes are due September 15th. This episode tells you exactly what to do before then.Donna Harris, MBA, MAccCEO, Bookkeeping Made Simple LLCmysimplebookkeeping.com | 801-692-0032