Tax Tips & Updates for Individuals and Small Business Owners

We’re Here When You’re Ready

Tax laws change. Deadlines sneak up. And there’s always something new to remember.

At Rowe & Jimenez, we keep things clear, timely, and approachable—so you can stay informed without feeling overwhelmed.

Below, you’ll find seasonal tips, IRS updates, and practical advice for individuals, freelancers, and small business owners.

We update this page regularly, so feel free to check back anytime—or reach out with questions.

Seasonal Reminders

Q1: January–March

  • Gather all W-2s, 1099s, and income documents

  • Review charitable donations and receipts from the prior year

  • File early to avoid delays—especially if you’re expecting a refund

  • Finalize prior-year bookkeeping if you’re self-employed

Q2: April–June

  • April 15: Deadline to file or request an extension

  • Pay Q1 estimated taxes (if required)

  • Evaluate first-quarter income if you’re self-employed or own a business

  • Consider setting up a retirement contribution plan

Q3: July–September

  • Time to catch up if you filed an extension

  • Mid-year bookkeeping check: are your records clean?

  • Review mileage logs, business expenses, or contractor payments

  • Pay Q2 estimated taxes

Q4: October–December

  • October 15: Final deadline for extended returns

  • Make last-minute deductible purchases or donations

  • Review income and tax position to avoid surprises

  • Prep for year-end reports or catch-up if behind

IRS Updates & Changes

Last updated: May 2025

  • Standard Deduction Increases (2025): Be sure to use updated figures when filing

  • Mileage Rate Adjustments: Changes apply to business, medical, and charitable driving

  • 1099 Thresholds: Be aware of new rules for third-party payment processors

  • Child Tax Credit Updates: Rules change frequently—ask us what applies

Small business tax help

  • Issue 1099s by January 31 to all qualifying contractors

  • Track business expenses monthly to avoid messy year-end catch-up

  • Keep personal and business accounts separate —always

  • Consider quarterly tax payments if your business isn’t withholding income

Have a question about your tax situation?

We’re here to make things simpler—not scarier.

If you need help with a return, an IRS letter, or just want to get ahead this year,

we’re ready when you are.

(760) 509-8377

330 East Grand Avenue, Escondido California 92025

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