Shammas Tax is urging small business owners, gig workers, and freelancers to prioritize year-round financial organization to shift from tax-season panic to everyday clarity. Tax preparer Andre Shammas observes that clients often feel overwhelmed because they attempt to organize a full year of spending in one afternoon, suggesting that building simple habits can make the process easier.
The call for organization is underscored by significant data on small business challenges. According to U.S. Bank, 82% of small businesses fail due to poor cash flow management, making budgeting a key predictor of long-term survival. A separate SCORE report found that 40% of small business owners cite bookkeeping and taxes as their greatest operational challenge. Shammas encounters these struggles regularly, with clients arriving with disorganized receipts and unclear records, highlighting the need for systematic approaches.
Shammas Tax advocates for simplicity and clarity in financial management, aiming to create an approachable experience for those intimidated by paperwork. The firm believes the industry should use straightforward language and emphasize education over judgment, as clients sometimes feel embarrassed about not understanding their taxes. This mission is rooted in fairness, with Shammas stating that success involves helping people feel confident rather than just focusing on numerical outcomes.
The firm stresses that budgeting should be a consistent practice, not just an annual task. Shammas recommends dedicating twenty minutes weekly to track income, expenses, and future plans, noting that this habit can transform stress levels and prevent financial setbacks. Research from SCORE supports this, indicating that businesses reviewing finances weekly grow 60% faster than those that do not, while regular organization reduces errors and compliance risks.
To support small business owners, Shammas Tax offers actionable steps: separate business and personal accounts, review income and expenses weekly, sort receipts and invoices monthly, use simple systems like a folder or notebook, and ask questions early. Shammas emphasizes that simplicity is key, as systems need to be usable rather than complex. With the rise of freelancers and gig workers, the firm sees clarity and fairness as essential for supporting the communities that rely on small businesses. To read the full interview, visit https://www.shammaatax.com.
