This week we did our 2024 taxes.
I mixed a protein shake, opened my laptop on our kitchen island, and braced myself.
I always finish filing with a terrible taste in my mouth… and you can bet it’s not the protein shake.
This year we got hit with an underpayment penalty.
We hadn’t let Uncle Sam withhold as much as he needed, and he punished us for it.
As much as I hate taxes, the experience wouldn’t be so bad if there were regular communications from the IRS throughout the year.
I want to know in August if I’m on track to have my taxes paid in full.
I want to have deductions top of mind so I remember to save documents and receipts.
Here’s the point:
Regular, substantive communication is key if you want to build a healthy brand.
Nobody wants to be the IRS, but without communication, you increase your risk for leaving a bad taste in someone’s mouth.