--- title: "Before December 31: Five Financial Questions Worth Asking" description: Five year-end questions covering tax projections, financial changes, decision timing, advisor coordination, and plans for 2027. image: https://marketing.jvraccounting.com/hubfs/JVR_2026_11_Blog_Header_01.png --- - [Call Us: (301) 228-9510](tel:3012289510) - [Email: info@jvraccounting.com](mailto:info@jvraccounting.com) [![Logo with BoB](https://marketing.jvraccounting.com/hs-fs/hubfs/Logo%20with%20BoB.png?width=400&height=100&name=Logo%20with%20BoB.png "Logo with BoB")](https://jvraccounting.com) - [HOME](https://jvraccounting.com) - [ABOUT US](https://jvraccounting.com/about-us/) - [SERVICES](https://jvraccounting.com/services-listview/) - [BUSINESS CONSULTING](https://jvraccounting.com/services-listview/business-consulting/) - [BUSINESS MANAGEMENT](https://jvraccounting.com/services-listview/business-management/) - [ESTATE PLANNING](https://jvraccounting.com/services-listview/estate-planning/) - [TAX SERVICE AND PREPARATION](https://jvraccounting.com/services-listview/tax-service-and-preparation/) - [ACCOUNTING](https://jvraccounting.com/services-listview/accounting/) - [STRATEGIC PLANNING](https://jvraccounting.com/services-listview/strategic-planning/) - [NEWS](https://marketing.jvraccounting.com/jvr-blog) Press ENTER to search or ESC to exit [FREE CONSULTATION](https://jvraccounting.com/contact-us/) [FREE CONSULTATION](https://jvraccounting.com/contact-us/) - [HOME](https://jvraccounting.com) - [ABOUT US](https://jvraccounting.com/about-us/) - [SERVICES](https://jvraccounting.com/services-listview/) - [BUSINESS CONSULTING](https://jvraccounting.com/services-listview/business-consulting/) - [BUSINESS MANAGEMENT](https://jvraccounting.com/services-listview/business-management/) - [ESTATE PLANNING](https://jvraccounting.com/services-listview/estate-planning/) - [TAX SERVICE AND PREPARATION](https://jvraccounting.com/services-listview/tax-service-and-preparation/) - [ACCOUNTING](https://jvraccounting.com/services-listview/accounting/) - [STRATEGIC PLANNING](https://jvraccounting.com/services-listview/strategic-planning/) - [NEWS](https://marketing.jvraccounting.com/jvr-blog) --- - [Call Us: (301) 228-9510](tel:3012289510) - [Email: info@jvraccounting.com](mailto:info@jvraccounting.com) # Before December 31: Five Financial Questions Worth Asking Posted by James Rizzo on Nov 10, 2026 ![\Before December 31: Five Financial Questions Worth Asking\](https://marketing.jvraccounting.com/hubfs/JVR_2026_11_Blog_Header_01.png) As 2026 approaches its final weeks, business owners and individuals are finishing projects and preparing for the year ahead. The closing months also offer an opportunity to review the financial picture. Some decisions are tied to the calendar year; others require coordination across business, investments, and personal finances. Consider five questions. ### 1. Do you know your likely tax position? Last year’s tax return is historical. Income, business performance, investments, compensation, and estimated payments may have changed. A current projection helps identify which questions deserve attention and what drives the likely result.   ### 2. Has anything significant changed? Growth, new employees, additional entities, major purchases, financing, ownership changes, and investment transactions may affect taxes and cash flow. Your planning should reflect your present circumstances, not assumptions from January.   ### 3. Are there decisions that need attention before December 31? Some actions have calendar-year timing considerations, while others have different deadlines. Before making an expenditure, contribution, distribution, or investment decision, evaluate the rules and whether it makes sense for your situation. A deduction alone is not a reason to spend money.   ### 4. Are your advisors working from the same information? A business transaction can affect personal taxes. An investment sale can affect income projections. A financing decision can affect cash flow. Sharing current information across advisors helps reveal connections and avoid isolated decisions.   ### 5. What are you preparing for in 2027? Expansion, ownership transitions, investment plans, retirement priorities, and better reporting systems may influence decisions today. A clear view of your current position helps you prepare for the next stage.   ### Make the decisions that still matter Year-end planning works best when informed, coordinated, and appropriate to your circumstances. Existing JVR clients with material changes to discuss may request a Tax Strategy Review, subject to availability: [https://marketing.jvraccounting.com/request-a-tax-strategy-review-meeting](https://marketing.jvraccounting.com/request-a-tax-strategy-review-meeting)   *General educational information only; not individualized tax, legal, or investment advice.* ##### Tags: [Tax Deductions](https://marketing.jvraccounting.com/jvr-blog/tag/tax-deductions) [Tax Preparation](https://marketing.jvraccounting.com/jvr-blog/tag/tax-preparation) ## Explore for more JVR Blog ### Find The Solution That Best Fits Your Business [CONSULT WITH US](https://jvraccounting.com/contact-us/) --- [![Logo\_light](https://marketing.jvraccounting.com/hs-fs/hubfs/Logo_light.png?width=400&height=150&name=Logo_light.png "Logo_light")](https://jvraccounting.com) Founded in 1988, James V. Rizzo & Company, LLP is a tax, accounting and business consulting firm, located in the heart of downtown Frederick. #### CONTACT US ![Canva Design DAGS0aRZhns-1](https://marketing.jvraccounting.com/hubfs/Canva%20images/Canva%20Design%20DAGS0aRZhns-1.png) 3 College Avenue #6, Frederick MD, 21701 ![Canva Design DAGS0aRZhns-2](https://marketing.jvraccounting.com/hubfs/Canva%20images/Canva%20Design%20DAGS0aRZhns-2.png) (301) 228-9510 ![Canva Design DAGS0aRZhns-3](https://marketing.jvraccounting.com/hubfs/Canva%20images/Canva%20Design%20DAGS0aRZhns-3.png) info@jvraccounting.com #### WORKING HOURS ![Canva Design DAGS0fcyVbk](https://marketing.jvraccounting.com/hubfs/Canva%20images/Canva%20Design%20DAGS0fcyVbk.png) MONDAY - FRIDAY 9:00AM to 6:00PM ![Canva Design DAGS0fcyVbk](https://marketing.jvraccounting.com/hubfs/Canva%20images/Canva%20Design%20DAGS0fcyVbk.png) SATURDAY - SUNDAY CLOSED #### COMPANY LINKS ![Canva Design DAGS0fcyVbk-1](https://marketing.jvraccounting.com/hubfs/Canva%20images/Canva%20Design%20DAGS0fcyVbk-1.png) FINANCIAL PROJECTIONS ![Canva Design DAGS0fcyVbk-1](https://marketing.jvraccounting.com/hubfs/Canva%20images/Canva%20Design%20DAGS0fcyVbk-1.png) STRATEGIC PLANNING ![Canva Design DAGS0fcyVbk-1](https://marketing.jvraccounting.com/hubfs/Canva%20images/Canva%20Design%20DAGS0fcyVbk-1.png) ESTATE PLANNING ![Canva Design DAGS0fcyVbk-1](https://marketing.jvraccounting.com/hubfs/Canva%20images/Canva%20Design%20DAGS0fcyVbk-1.png) AUDIT & ASSURANCE The Bureau Theme from Instrumental® with love - [FIND THE SOLUTION THAT BEST FITS YOUR BUSINESS](https://jvraccounting.com/services-listview/) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "James Rizzo", "url" : "https://marketing.jvraccounting.com/jvr-blog/author/james-rizzo" }, "dateModified" : "2026-11-10T15:00:04.674Z", "datePublished" : "2026-11-10T15:00:04.000Z", "headline" : "Before December 31: Five Financial Questions Worth Asking", "image" : [ "https://marketing.jvraccounting.com/hubfs/JVR_2026_11_Blog_Header_01.png" ], "mainEntityOfPage" : { "@id" : "https://marketing.jvraccounting.com/jvr-blog/before-december-31-five-financial-questions-worth-asking", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://marketing.jvraccounting.com/hubfs/Logo.png" }, "name" : "James V. Rizzo & Company" } } ```