October 9, 2025

Hi There!


As the year winds down, take a close look at your company's finances and operations to avoid costly surprises. The fourth quarter is the time to review budgets, forecast year-end revenue, and make any necessary tax planning moves - such as accelerating expenses or deferring income - to optimize results before December 31.


Also check inventory levels, confirm that accounts receivable are current, and ensure payroll and benefits reporting are accurate. Finally, it’s smart to evaluate employee performance, set next year’s goals, and confirm that all compliance and filing deadlines are on track to finish the year strong and start 2026 with confidence.


The SKP team is ready and willing to help! Contact us or call (203) 933-1679 today.


Thank you.


Rich Pavano, CPA

Simplify Business Travel Expenses

If your team travels for business, you know how much time it can take to collect receipts and process reimbursements for meals, hotels, and other expenses. The good news is there’s an easy way to simplify business travel reimbursements. The IRS allows businesses to use the “high-low” per diem method, which replaces all those individual receipts with simple daily rates based on whether the destination is a high-cost or low-cost area.

Stay Current with the SKP Blog

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