NPM Advisory Accounting LLC

08/17/2026

Tax planning should not begin in December.

Quarterly tax management is about more than making payments. It creates checkpoints that help you understand where your business stands while there is still time to act. 💡

A quarterly review can help you:

• Track earnings as the year progresses
• Adjust estimated payments when income changes and help avoid underpayment penalties
• Plan ahead for the cash needed for taxes
• Identify potential tax-saving strategies before year-end
• Reduce surprises and last-minute stress

The difference is simple:

Reactive planning means waiting until year-end and making decisions under pressure.

Proactive planning means having clearer numbers, better choices, and greater control over your cash flow and tax savings, even before the year closes.

Good tax planning isn't just about what you owe. It's about knowing where you're headed, planning your cash, and having time to make better decisions.

If this raises questions about where your business may stand for the year, we're happy to help point you in the right direction.

12/03/2024

Business owners, you need to know your numbers. Your business success is not just about being busy making money. If you can't keep what you make, if you can't measure and interpret the financial health of your business, how do you expect to maximize ROI, cash flow, and overall success?

This lady obviously has a winning product (like many of you do), but she missed a critical KPI in her pitch - her gross profit and gross margin. These tell a lot more to the investors about the product she's selling. Sales and net profit are important to know, but your gross margin is so critical for a number of reasons such as, operational efficiency, how much the product contributes to the rest of the business operating expenses. Also critical for financial analysis, forecasting, scalability, break-even analysis, and profit planning.

Know your numbers, always have a financial expert as the head of your financial department to whom your bookkeeper(s) report to continually.

11/22/2024

12/27/2023

Love it!