The Freelancer's Guide to End-of-Year Tax Prep
by Nicole Dieker on Two Cents, shared by Nicole Dieke from Lifehacker on (#4WC8E)
I started preparing for next year's taxes in October of this year. By the first week of November, I sent my CPA a prepared document listing my current business income and expenses (aka a "profit and loss statement") as well as my anticipated income and expenses for the remaining two months of the year.