Know your 2026 tax bill before December 31
Most of what changes your tax bill has to happen before the year ends. After December 31, the return mostly reports what already happened. The Year-End Tax Check is a one-time review for business owners in Louisville and nearby, done while there is still time to act.
What you get
- A projection of what you will owe for 2026: federal, Kentucky and Louisville, based on your real numbers so far.
- A short list of moves to make before December 31, such as equipment timing, retirement contributions, owner pay, and when to bill or pay.
- Your fourth-quarter estimated payment, so January is not a surprise.
- A look at your structure, and whether a change for next year is worth it.
Who it is for
Owner-led businesses: contractors and trades, repair shops, rental property owners, medical practices, and new businesses in their first or second year. It helps most when income changed a lot this year, when you bought or plan to buy equipment, or when nobody has told you what you will owe in April.
How it works
- Send your books or year-to-date numbers and last year's returns.
- Have one call with a licensed tax advisor to go over the year and what is planned.
- Get a written plan in plain language: what you will owe, what to do before December 31, and what to pay in January.
Want to read first? Start with year-end tax moves worth making before December 31, or the local layers most owners miss: Louisville occupational license tax, Kentucky LLET and Form 725 and Kentucky's pass-through entity tax election.
Common questions
Why does this have to happen before December 31?+
Most choices that change a tax bill count only in the year they are made: when equipment goes into use, what you pay yourself, when you bill and pay, and some retirement contributions. Once the year closes, the return mostly reports what already happened.
What do you need from me?+
Your books or year-to-date numbers through the most recent month, last year's returns, and any big purchases or changes you are planning. If your books are behind, tell us; we will say what we need to get a usable number.
Do I have to be a client already?+
No. The check stands on its own. If you already have someone who files your return, the written plan can go to them.
Does this cover Kentucky and Louisville taxes too?+
Yes. The projection covers federal and Kentucky income tax and, for businesses working in Louisville, the Metro net profits tax. Those returns follow the same year, so they belong in the same plan.
Is it only for Louisville businesses?+
We are based in Louisville and most of this work is local, but we work with owners in other states as well.
Written by the licensed tax advisors at Framework Advisory, Louisville. General information, not advice for your situation.
Book your Year-End Tax Check
Talk with a licensed advisor while there is still time to act this year.
Book a Year-End Tax Check