Capital Tax & Accounting
of Greater Lansing Blog

December is the most important month of the year for finalizing your tax strategy. At Capital Tax & Accounting of Greater Lansing, we help families and business owners finish the year strong with smart, proactive planning that reduces liabilities and maximizes refunds.

Your Essential December Tax To-Do List

Finalize Year-End Income & Expenses – Ensure your bookkeeping is clean and accurate.

Make Last-Minute Deductions – Charity donations, retirement contributions, and business purchases still count for 2024.

Review Withholdings – Prevent surprises in spring.

Update Your W-4 or Estimated Taxes – Especially if income changed this year.

Organize Receipts & Documents – Start a folder for 2024 tax season.

Schedule a Tax Review – A 30-minute consult can save hundreds.

Finish the year prepared—not stressed. Contact Capital Tax & Accounting of Greater Lansing for a personalized year-end tax review.

Prepare for tax season with this December year-end tax checklist for Michigan families and small businesses. Tips from Capital Tax & Accounting of Greater Lansing.

Running a small business is challenging, and taxes can be confusing. At Capital Tax & Accounting of Greater Lansing, we see the same mistakes year after year that cost business owners time and money. Knowing what to avoid now can save you headaches and maximize your deductions.

Avoid These 7 Tax Pitfalls

Missing Deadlines – Filing late can trigger penalties.

Mixing Personal and Business Expenses – Keep separate accounts for clarity and compliance.

Failing to Track Deductions – Track mileage, office supplies, and home office costs.

Ignoring Payroll Taxes – Late or incorrect payments lead to fines.

Not Planning for Estimated Taxes – Avoid a surprise bill at the end of the year.

Overlooking Retirement Contributions – Contribute to 401(k)s or IRAs to save on taxes.

DIY Filing Without Knowledge of Changes – Tax laws change frequently; professional guidance pays.

Avoid these common mistakes and keep your business compliant with help from Capital Tax & Accounting of Greater Lansing. Schedule a consultation to make tax season simpler and smarter.

Learn 7 common tax mistakes Lansing small businesses make and how to avoid them. Expert tips from Capital Tax & Accounting of Greater Lansing.

As the holidays approach, small business owners and individuals in the Lansing area should take a few key steps to reduce their 2025 tax bill. At Capital Tax & Accounting of Greater Lansing, we help you finish the year strong with proactive tax planning that pays off when you file.

Year-End Financial Tips:

Review Income and Expenses – Track revenue and deduct eligible year-end purchases.

Maximize Retirement Contributions – Contribute to your 401(k) or IRA before December 31.

Plan Charitable Donations – Support Lansing charities and get valuable deductions.

Check Estimated Payments – Avoid penalties by making your final quarterly payment on time.

Schedule a Year-End Review – Our accountants can identify credits and deductions you might miss.

Don’t wait until tax season to get organized. Contact Capital Tax & Accounting of Greater Lansing today for personalized tax strategy before the year ends.

Prepare for tax season with smart year-end financial moves from Capital Tax & Accounting of Greater Lansing. Lower your tax bill before December 31.

As 2025 winds down, small business owners in the Lansing area are already thinking about year-end bookkeeping and tax prep. At Capital Tax & Accounting of Greater Lansing, we want to make sure you’re ready to file accurately, maximize deductions, and avoid stress during tax season.

7 Steps to Simplify Your Year-End Tax Prep

Reconcile Your Accounts – Make sure your bank, credit card, and loan balances match your records.

Review Outstanding Invoices – Collect unpaid invoices and record bad debt before year-end.

Organize Receipts – Gather documentation for business expenses, vehicle mileage, and equipment purchases.

Check Payroll Records – Verify employee info, benefits, and bonuses for accurate W-2 and 1099 forms.

Review Deductions – Common Lansing small business deductions include office supplies, travel, and depreciation.

Plan Purchases – Consider buying needed equipment before December 31 to qualify for 2025 deductions.

Meet with Your Accountant – Schedule a consultation with Capital Tax & Accounting to review your numbers and plan ahead.

A little planning today can save you hours of headaches in April. Contact Capital Tax & Accounting of Greater Lansing for personalized year-end tax guidance and bookkeeping support.

💻 capitaltaxlansing.com

Welcome to the Capital Tax & Accounting of Greater Lansing Blog – Your Trusted Partner for Smart Tax & Accounting Solutions in Greater Lansing

At Capital Tax & Accounting of Greater Lansing, we’re more than a tax preparer—we’re your year-round partner for bookkeeping, payroll, and tax planning. Our mission is to help small businesses and individuals throughout the Lansing area simplify finances, minimize taxes, and make confident financial decisions.

We created the Capital Tax & Accounting Blog to give Lansing-area businesses and residents clear, practical guidance on topics like:

Federal and Michigan state tax updates

Bookkeeping and payroll best practices

Year-end tax planning strategies

IRS tips and compliance reminders

By sharing expert insight, we aim to help you save money, stay compliant, and grow with confidence.

Each month, we’ll publish actionable articles on:

Small business accounting in Lansing

Tax deductions and credits that matter most

How to prepare for tax season with less stress

Budgeting and cash-flow tips for entrepreneurs

Every post is written with local Lansing businesses and taxpayers in mind, so you’ll always get information relevant to Michigan rules and opportunities.

With decades of combined experience, our CPAs and accounting specialists understand the challenges local businesses face—from startup bookkeeping to year-end tax prep. We take pride in clear communication and personalized service, ensuring you always know where your finances stand.

Bookmark this blog so you never miss important tax deadlines or money-saving tips. If you’re ready to streamline bookkeeping or plan smarter for tax season, contact Capital Tax & Accounting of Greater Lansing today.

Discover tax tips, bookkeeping advice, and accounting solutions from Capital Tax & Accounting of Greater Lansing. Stay compliant, save money, and simplify your finances.