As part of the forecasting and goal planning, we are always making sure we have a close feel for the year-end tax liability so there are no surprises. Monthly we will request to move money into a tax savings account to set aside a reserve based on our month-to- month assessment. In the fourth quarter we will take a deeper dive incorporating the shareholders individual information into the planning so we can “true-up” the reserve account. And of course, at the end of the year we would prepare the business, shareholder, and property tax returns. And don’t forget those pesky 1099s!