What to expect
This live online session from the Montgomery County Small Business Association (MCSBA) covers the recordkeeping and tax planning steps to take before December 31. The organizer notes that most tax-saving opportunities disappear once the calendar turns. The speaker is Bev Stitely of Saunders Tax and Accounting, LLC.
Topics covered
Recordkeeping:
- Reconciling accounts and clearing outstanding receivables and payables
- Reviewing your chart of accounts
- Documenting owner draws and loans
- Confirming fixed asset and inventory records
- Gathering contractor information for information-return filing
Tax planning:
- Timing income and expenses
- Equipment purchase decisions
- Retirement plan contributions
- Owner compensation for pass-through entities
- Reviewing estimated tax payments and projecting taxable income for the year
Participants receive a year-end checklist and a list of questions to bring to their tax preparer.
Who should attend
Small business owners, including founders closing out their first year of operations in Maryland or the wider DMV who want to get their books in order before filing season.
How to join online
The session is a live online meeting on Wednesday, December 9, 2026, from 10:00 AM to 11:15 AM Eastern. Joining details come through registration.
How to register
There is no fee. Register through the MCSBA event page. The registration deadline is December 8, 2026 at 5:00 PM Eastern. Questions can go to smallbusiness@mcsbamd.com or (301) 761-8338; the listed point of contact is Diane McFarland.