You filed. Take a breath. Then try these simple next steps to stay ahead.
If you’re a small business owner who just filed your taxes, congratulations. That’s no small feat.
Now that the paperwork is behind you and the stress is starting to lift, you might be wondering… what now?
Post-tax season is a great time to pause, reset, and make a few small financial moves that can save you time, money, and confusion down the line. Here are five things we recommend doing once your taxes are filed:
It’s tempting to close the book and move on, but take a few minutes to look back at your return. Were there any deductions you missed? Did anything surprise you?
Keeping a digital copy saved somewhere safe, along with your Notice of Assessment once it arrives, makes it easier to reference if questions come up or if the CRA sends you a follow-up.
Not sure what something on your return means? That’s okay. We’re happy to walk through it with you.
May is the perfect time to get your financial records in shape, while the memory of tax season is still fresh.
Small systems now = less scrambling next spring.
If you make installment payments to the CRA, now’s a good time to check whether your income has changed—and whether your next payment still makes sense.
Maybe you made more than expected. Maybe things slowed down. Either way, a mid-year review can help you stay on track and avoid surprises.
Not sure how much you should be paying in installments? We can help with that too.
Now that you’ve seen your full-year financials, you have a clearer picture of what your business needs.
That might mean investing in new tools or equipment, upgrading your software, or setting aside funds for professional development. Depending on what you purchase, some of it may be deductible on your next tax return.
The key is to plan intentionally, not reactively.
Take a moment to give yourself credit. You filed your taxes, and that’s a big win.
Now, ask yourself: What’s one small thing I can do to improve my finances before the next tax season?
Whatever it is, keep it simple. You don’t need a complete financial overhaul—just one step forward.
Tax season doesn’t have to feel like a scramble. At Numble, we work with small business owners year-round to make finances more manageable and less overwhelming.
If you’re unsure about your next step, we’re here.
Let’s talk about what would work best for your business.
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Still doing your own books? This mid-year check-in helps you decide whether it’s time to keep going solo—or hand things off to a pro.
