Revenue & expenses · last 12 months
Revenue · $87,420 latest
Expenses · $54,290 latest
·
YTD: $1.18M revenue · $396k profit
Upcoming deadlines
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May
15
CO Quarterly Sales Tax (Q2 estimate)
Jun
15
Federal Q2 Estimated Tax Payment
Jul
31
Form 941 (Q2 Payroll Tax Return)
Sep
15
Federal Q3 Estimated Tax Payment
M
Marcus Thompson
YOUR SENIOR BOOKKEEPER
"April books are 96% reconciled — there are 3 transactions I need you to confirm. Most look like agency software charges. Quick scroll through the inbox when you have a moment?"
2026 tax position
Projected federal income
$396,000
Reasonable salary (S-Corp)
$158,000
Distributions (no SE tax)
$238,000
Federal tax estimate
$52,400
CO state tax estimate
$17,420
Q1 + Q2 paid
— $34,910
Remaining tax burden
$34,910
Daniel's note
You're tracking $14k under last year. If Q2 keeps pace, consider increasing retirement contributions in Q3 to offset.