In addition, if you haven’t already set up a retirement plan, sign the paperwork with a financial institution to create a plan.

5. Look at Your Estimated Tax Payments for 2012

Once you have a firm grasp of your business’ profitability for the year, you should assess the estimated tax payments you’ve already made, and then plan for your final payment, accordingly.

4. Hold an Annual Meeting for Your Company

If you’re operating your business as a company or corporation, you’re required to hold an annual meeting for your shareholders (corp.) or members (company). Don’t overlook these administrative requirements — if you’ve gone through the work to incorporate your business, you want to keep it in good standing.

3. Check if You Need to File Your Annual Report

The annual report is another admin formality required to keep your corporation or company in conformity. Make sure you know your annual report obligations and deadlines, and don’t be late.