Summer Financial Checklist for Self-Employed & Small Business Owners

Don’t Miss This: Estimated Tax Deadline Coming Up!

If you're self-employed, part of a pass-through entity, or have income that isn’t subject to tax withholdings, mark your calendar: the Q2 estimated tax deadline is June 16.

Pro Tip: If your income has gone up in the first half of 2025 (yay, congrats!), your original estimated payments from April might need a refresh. If your tax pro gave you a safe harbor amount, that’s a good start—but consider requesting a mid-year projection to make sure you’re on track and avoid any surprises (or penalties) come next April.

Smart Business Owners Are Also Doing This in June:

• Collecting completed Form W-9s from all 2025 contractors.

• Making sure transactions are recorded, categorized, and reconciled through May.

• Reviewing cash flow projections to ensure you’re covered—especially if summer is your slower season.

Feeling unsure with all the talk of changing tax laws, tariffs, or economic turbulence? That’s what your accountant and financial team are for. Set up a mid-year check-in to talk through how these shifts could impact your business or personal finances.

And about that summer slowdown—it might actually be the perfect time to get your financial life in order. While you're road-tripping, jet-setting, or poolside, your bookkeeper can catch you up and prep for the second half of the year. Make their job easier by sending everything they need now.

This is also a great window to revamp your bookkeeping system or build a more tailored tax strategy. If you have questions, or are exploring accounting and bookkeeping services, reach out to us at Moneta Accounting Solutions.

Let’s close out Q2 with clarity and confidence!

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