Talking for Wellness– 2026 Financial Roadmap
What we completed, what it produced, and what remains pending under your agreement
[Service Name] Agreement
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The main goal of this engagement is to give you a cleaner, more reliable financial foundation so you can make decisions with less uncertainty and fewer surprises throughout 2026.
The work is centered on:
-stabilizing the books after the prior accounting transition
-improving record access so monthly reporting becomes less burdensome
-strengthening owner loan and stock basis documentation
-supporting tax planning and filing decisions
-building a clearer budget and cash-flow framework
-using ongoing reporting and strategy meetings to support better planning for Talking for Wellness.
January
Your Goals and Concerns
You needed QuickBooks access transferred and organized so our team could begin work under the new engagement.
You needed the prior accountant to complete December 2025 and resolve approximately $69,000 to $70,000 of uncategorized expenses before the year could be finalized.
You needed 2025 records reviewed carefully because there were concerns about prior accounting treatment, including owner loans, loan repayments, depreciation, payroll liabilities, and balance sheet presentation.
You needed 2025 1099 vendor review completed before the January 31 filing deadline, including W-9 review, vendor classification, reportable payment review, client approval, and recipient delivery method.
You wanted a more proactive advisory relationship, especially around profitability, payroll pressure, tax planning, and avoiding repeated monthly questions about the same recurring expenses.
You needed a 2026 strategy focused on avoiding another loss without relying on one-time credits.
You needed loan and stock basis issues identified, documented, and routed to the right team members for follow-up.
What We Completed
Goal: Transfer and organize QuickBooks access so our team could begin work under the new engagement.
Status: ✅ Completed
We began the QuickBooks transition process by providing instructions for transferring Primary Admin access from the prior accountant and explaining what needed to happen before we could fully begin work.
Goal: Complete the Q1 Tax Planning Meeting and begin proactive 2026 planning.
Status: ✅ Completed
We scheduled and held your Q1 Tax Planning Meeting on January 12, 2026.
Meeting reference: Q1 Tax Planning Meeting — Fathom recording: https://fathom.video/share/_7ySzKFgQ5x7RHhL2scFC_rxHKF9Tp2n
We reviewed the 2025 financial picture, including revenue of approximately $2.02 million, the impact of the $101,000 ERC credit, payroll as the primary expense pressure point, and the need to prevent 2026 from relying on one-time credits.
Goal: Identify prior accounting concerns that could affect tax reporting, financial reporting, and 2026 planning.
Status: ✅ Completed
We identified prior accounting concerns, including a $50,000 owner loan that had reportedly been treated as revenue, loan repayments that may have been treated as draws, possible stock basis risk, and the need to formalize owner loans.
We connected the owner loan review to stock basis tracking because prior loan misclassification can affect whether repayments are treated as non-taxable loan repayments or as draws or distributions that may create tax consequences if basis is insufficient.
Goal: Begin formalizing owner loan treatment and supporting the December 2025 owner loan issue.
Status: ✅ Substantially Completed
We reviewed the December 2025 owner loan issue and directed the team to gather loan details, confirm dates and amounts, and prepare for a formal loan agreement with interest.
Goal: Coordinate December 2025 cleanup and transition items with you and the prior accountant.
Status: ✅ Completed
We coordinated with you and the prior accountant regarding December cleanup, missing loan and credit line statements, uncategorized transactions, Capital One records, Funding Circle statements, and GreenOak’s W-9.
We reviewed the prior accountant’s offboarding communication and confirmed that our team could estimate Funding Circle loan interest with a journal entry based on the available balance and payment information, given the difficulty obtaining statements.
We confirmed internally that the prior accountant could disconnect after Carl reviewed the remaining offboarding items and found everything else looked good.
Goal: Support year-end balance sheet review by requesting loan and line-of-credit documentation.
Status: ✅ Completed
We requested year-end or beginning-of-year balance statements for the Amex Line of Credit, Santander Line of Credit, SBA Loan, and Funding Circle Loan so balance sheet accounts could be supported during transition.
We asked whether the Capital One credit card was still in use because it had been disconnected in QuickBooks since October.
Goal: Complete the 2025 1099 vendor review before the January 31 filing deadline.
Status: ✅ Completed
We reviewed possible 1099 vendors, requested W-9s where needed, and reviewed whether certain vendors were corporations and therefore may not require 1099 reporting.
We reviewed reportable vendor amounts and sent the 1099 summary for your review before filing.
We updated the 1099 review for SR Psychological Services after you identified a missing $200 payment dated October 9, 2025.
We clarified that TherapyNotes payments made by credit card were not reportable in the same way as payments made from the checking account, which explained why only one TherapyNotes payment appeared in the reportable amount review.
We collected vendor email addresses for electronic 1099 delivery, including Anand Kumar / Pixel Design Plus, Debleena Das, Eofficehubmedtech LLC, Priyanca Rao Photography, SR Psychological Services, and TherapyNotes LLC.
We confirmed that SR Psychological Services indicated it was an S Corporation, meaning it did not require a 1099 based on the information provided.
Additional Items Completed
Status: ✅ Completed
We checked on your onboarding experience through Renee, and you confirmed the onboarding was going well so far.
Status: Moved to Pending Items
We identified the need for provider expense, 401(k), and healthcare spreadsheet information to support deeper provider-cost analysis.
What this produces
January produced a clear transition map for taking over your bookkeeping and accounting relationship. The work identified what needed to be cleaned up from 2025, what needed to be documented for tax protection, and what needed to be monitored during 2026.
January also produced a completed 1099 review workflow: vendor classification, W-9 follow-up, reportable payment review, client confirmation, correction of a missing vendor payment, and electronic delivery preparation.
This month moved your overall goal forward by turning the transition from a simple bookkeeping handoff into a structured review of financial risk, loan documentation, 1099 readiness, profitability pressure, and the records needed for reliable 2026 reporting.
Pending Items as of January
Pending Item Status Key
✅ Completed — The materials clearly show the item was later completed.
🔶 Partially Completed — The materials show meaningful progress, but not full completion.
⚠️ Still Open — The materials do not show the item was completed.
Pending Items for Us
🔶 Partially Completed — Formalize the December 2025 owner loan with a written agreement and interest treatment. The materials show this was identified and routed, but they do not show a final signed loan agreement.
🔶 Partially Completed — Calculate and track S-corp stock basis. The materials show this was assigned and elevated to Abid, and later Q1 recap items continued to include equity, liability, and personal loan review.
✅ Completed — Monitor the prior accountant’s progress on closing December 2025 and resolving the remaining cleanup. Later records show Carl reviewed the offboarding items and confirmed the prior accountant could disconnect.
🔶 Partially Completed — Record or support the Funding Circle interest estimate with a journal entry and save the email thread in QuickBooks as backup. The materials show direction was given, but the underlying Funding Circle statements remained unavailable.
✅ Completed — Complete the 2025 1099 review and prepare vendor reporting based on the information available. Later January records show the summary was reviewed, corrected, signed, and ready to file.
Pending Items for You and Your Team
🔶 Partially Completed — Provide or confirm loan documentation and owner-loan details, including amounts, dates, and purpose of advances. Later materials continue to show owner loan tracking as an open review area.
🔶 Partially Completed — Provide the provider expense, 401(k), and healthcare spreadsheet requested for cost analysis. The materials do not show that this was fully completed.
✅ Completed — Provide access to Justworks. The materials show access was granted in January.
✅ Completed — Provide documents requested by the prior accountant for December cleanup where available, including Santander, Amex, SBA, and other statements.
🔶 Partially Completed — Confirm whether the Capital One credit card remained in use after it disconnected from QuickBooks in October and provide any missing statements if activity occurred. The materials show a Capital One summary was uploaded and that the account had no activity in some months, but they do not show a full access solution.
⚠️ Still Open — Obtain Funding Circle statements or provide a reliable alternative access method. The materials repeatedly show that these remained difficult to access.
February
Your Goals and Concerns
You needed January books completed, but several accounts were not connected and key records were missing.
You wanted to avoid repeated manual document requests by linking QuickBooks and improving account access.
You needed the team to continue moving toward regular monthly reporting under the agreement.
You needed formal loan and stock basis items handed to the CFO team for follow-through.
What We Completed
Goal: Complete January books after identifying and resolving missing January records.
Status: ✅ Completed
We identified that January could not be completed because Santander 7569 was not importing into QuickBooks and January records were missing for Santander, Amex cards, SBA, and Funding Circle.
We requested either January transaction exports, January statements, or delegated access so the team could obtain the records directly.
We followed up on February 17 regarding the missing January records needed to finish January accounts, including Santander 7569, Amex cards 51005, 41005, and 91005, and January statements for the SBA and Funding Circle loans.
Goal: Reduce repeated manual document requests by improving QuickBooks and account access.
Status: ✅ Completed
We escalated the idea of setting up a call to link QuickBooks and obtain direct access to statements so monthly requests could be reduced going forward.
Goal: Move formal loan and stock basis items to the CFO team for follow-through.
Status: ✅ Completed
We routed formalizing the loan and reviewing/tracking stock basis to Abid as CFO-level action items based on the January 12 meeting.
Goal: Complete February accounting work and resolve final transaction classification.
Status: ✅ Substantially Completed
We later completed January and February accounting work, with one February Payoneer transaction requiring classification before February could be finalized.
Goal: Classify the February Payoneer transaction correctly.
Status: ✅ Completed
We confirmed the Payoneer transaction for $1,456.35 on February 20 should be classified to marketing because it was payment to a writer helping with LinkedIn and YouTube content.
Additional Items Completed
Status: ✅ Completed
We continued internal coordination around the folder path and client records so tax returns and prior-year materials could be organized in the correct client file.
Status: Moved to Pending Items
We noted that payroll liabilities may need additional investigation against Justworks records.
What this produces
February produced a clearer understanding of the access gaps that were slowing the monthly close process. It also moved the loan and basis issues from meeting discussion into internal team follow-through and pushed the monthly accounting work closer to a normal reporting rhythm.
This month moved your overall goal forward by identifying the exact records, account connections, and transaction classifications needed to make monthly bookkeeping more accurate, more consistent, and less dependent on repeated requests to you.
Pending Items as of February
Pending Item Status Key
✅ Completed — The materials clearly show the item was later completed.
🔶 Partially Completed — The materials show meaningful progress, but not full completion.
⚠️ Still Open — The materials do not show the item was completed.
Pending Items for Us
✅ Completed — Complete January bookkeeping after the missing January records were received or otherwise resolved. Later records show January accounts were completed.
✅ Completed — Complete February bookkeeping after final transaction classification was resolved. Later records show February was completed after the Payoneer transaction was confirmed as marketing.
✅ Completed — Follow up on the missing January records needed to finish January accounts. The materials show Carl followed up on February 17 regarding the February 9 request.
Pending Items for You and Your Team
✅ Completed — Provide the January Santander 7569 transaction export or another workable way for us to access the January transactions. Later records show January accounts were completed.
✅ Completed — Provide January statements for Amex cards 51005, 41005, and 91005, or provide limited account access. Later records show January accounts were completed.
✅ Completed — Provide the January SBA loan statement. Later records show January accounts were completed.
⚠️ Still Open — Provide the January Funding Circle loan statement. Later records continue to show Funding Circle statements were not available and remained a recurring documentation issue.
March
Your Goals and Concerns
You needed the 2026 budget updated around revenue, rent, marketing, admin salaries, therapist headcount, and strategic growth initiatives.
You needed owner loans from 2024 and 2025 reviewed to confirm they were tracked correctly.
You needed clarity on growth opportunities, including EAP partnerships, adult ADHD testing, mental health checkups, and the operational dashboard.
You needed the dashboard and server transition reflected properly in the financial records, including Dell financing and AWS/cloud expense classification.
You needed to understand the investor proposal and whether it created financial, ownership, exit, or strategic implications.
You needed the 2025 S-corp tax returns prepared, reviewed, and moved toward filing.
You needed clarity on New York State and New York City business balance due amounts and whether payments should be made before filing.
You wanted to evaluate whether the dashboard or portal development project could qualify for an R&D credit.
You needed to understand whether the R&D issue should be handled as a payroll credit or in another form, given how long the business has existed.
You needed confidence that 2025 profitability, prior losses, and requested documentation years were being considered appropriately for the R&D credit review.
What We Completed
Goal: Complete the 2026 Budget Planning CFO meeting and update the planning framework.
Status: ✅ Completed
We held the 2026 Budget Planning CFO meeting on March 10, 2026 with you and Sean. The meeting focused on finalizing the 2026 budget and discussing strategic growth initiatives.
We reviewed the 2026 budget assumptions, including projected revenue of $2.2 million, steady therapist headcount, a reduced admin salary structure, increased rent of $2,600 per month, and a marketing budget moving toward approximately 3% to 4% of revenue.
We identified CFO action items to update the 2026 budget with new rent, marketing, and admin salary figures.
Goal: Verify owner loan tracking for 2024 and 2025.
Status: ✅ Completed
We identified the need to verify the owner’s 2024 and 2025 personal loans, including approximately $50,000 in 2024 and approximately $80,000 in 2025.
Goal: Review strategic growth opportunities for 2026.
Status: ✅ Completed
We discussed strategic growth initiatives, including adult ADHD testing, mental health checkups, and potential EAP partnerships with small businesses through insurance brokers.
We identified EAP partnerships through small-business insurance brokers as a potential revenue-stabilization strategy, especially for companies with approximately 100 to 150 employees.
Goal: Review the dashboard, server transition, and technology cost treatment.
Status: ✅ Completed
We identified the operational dashboard as an in-house product under development, with potential external sale in 2027 rather than 2026.
We discussed the server transition from AWS to in-house servers, including expected cost savings and Dell financing over 60 months.
We identified that AWS/cloud costs should be reclassified out of Rent and into IT/Cloud so the financial statements more accurately separate facility costs from technology infrastructure costs.
Goal: Identify investor proposal considerations for follow-up review.
Status: ✅ Completed
We noted the investor proposal discussion, including potential equity, exit timeline, sale proceeds, and possible strategic overlap with the dashboard and EHR platform.
Goal: Identify tax questions requiring Randy’s review.
Status: ✅ Completed
We identified tax questions for Randy regarding 529 deductions and hiring a 15-year-old minor child.
Goal: Move the 2025 S-corp tax returns through internal review and communicate balance due amounts.
Status: ✅ Substantially Completed
We informed you that the 2025 federal, New York State, and New York City S-corp returns were undergoing internal review and would be ready for your review within 24–48 business hours.
We provided the business balance due amounts identified at that point: federal balance due of $0, New York State balance due of $985, and New York City balance due of $1,475.
We explained that the NY and NYC payments could be processed electronically with the return filing, but also advised that making payments directly online could help prevent additional interest if the return filing was delayed by the R&D paperwork.
Goal: Evaluate whether the dashboard or portal development project should be reviewed for R&D credit treatment.
Status: ✅ Completed
We reviewed your initial R&D question and explained that the credit was not for merely having employees; the potentially relevant issue was whether employees were building new software, developing a new system, or experimenting to solve a technical problem.
We sent a detailed R&D questionnaire covering project overview, business purpose, technical development, technical uncertainty, experimentation, employee involvement, contractor costs, project costs, funding, timeline, and prior-year development.
We reviewed the project information you provided for the LTPW Portal, including that development began around the March 2021 EHR switch, the project remained ongoing, and Sean and Anand had worked on portal/dashboard materials.
We reviewed the Aprio direction and recommended that Aprio handle the R&D credit study and Form 6765, while our team would handle oversight, reconciliation, and inclusion of the completed form with the tax return.
We confirmed that the business was profitable in 2025 and explained that 2022 and 2023 losses did not, by themselves, make the business ineligible for the R&D credit.
Additional Items Completed
Status: ✅ Completed
We confirmed that February accounts were complete after the Payoneer classification was resolved.
What this produces
March produced a stronger 2026 planning framework by connecting the budget, growth strategy, technology investment, loan tracking, and tax planning questions into one coordinated advisory process. The March 10 CFO meeting converted strategy into budget assumptions and identified the major operating levers for 2026: revenue stability, lower admin cost, higher marketing investment, service mix, EAP partnerships, technology investment, and documentation of owner financing.
March also separated the standard tax return process from the more specialized R&D credit process so that each could be handled at the right level of documentation. That distinction matters because the tax return can move through internal review while the R&D credit study and Form 6765 require specialized support, detailed project documentation, and final reconciliation before inclusion with the return.
This month moved your overall goal forward by turning the 2026 plan into specific financial assumptions, strategic priorities, and tax-sensitive action items that can be tracked through the year.
Pending Items as of March
Pending Item Status Key
✅ Completed — The materials clearly show the item was later completed.
🔶 Partially Completed — The materials show meaningful progress, but not full completion.
⚠️ Still Open — The materials do not show the item was completed.
Pending Items for Us
🔶 Partially Completed — Complete final review and release of the 2025 S-corp returns for your review. The materials show the returns were under internal review in March, but do not show final filing.
🔶 Partially Completed — Include Aprio’s completed R&D credit study and Form 6765 with the tax return once Aprio completes the work and provides the final package. The materials show this was recommended, but do not show the completed Aprio package was received.
🔶 Partially Completed — Reconcile the R&D credit form and related activity to the tax return once the specialist package is complete. The materials show this was part of our planned role, but do not show it was completed.
🔶 Partially Completed — Verify the owner’s 2024 and 2025 loans are correctly tracked in the accounting records. Later April Q1 recap items still show equity, liability, and personal loan review as open.
🔶 Partially Completed — Update and deliver the 2026 budget document with the revised rent, marketing, admin salary, revenue, and therapist-headcount assumptions. The budget was discussed and advanced in March, but April records still show the budget document needed to be sent for follow-up review.
🔶 Partially Completed — Contact two New York insurance brokers regarding EAP referral opportunities for companies with approximately 100 to 150 employees. The materials show this was assigned in March, but do not show completion.
🔶 Partially Completed — Research and send guidance on 529 deductions and hiring a 15-year-old minor child, including what documentation, payroll setup, and reasonable compensation support would be needed if you decide to move forward. The materials show this was assigned in March, but do not show completion.
🔶 Partially Completed — Review the investor proposal details after you send them and schedule a follow-up discussion. The materials show this was identified in March, but do not show that proposal details were received and reviewed.
🔶 Partially Completed — Review the meeting/training P&L breakout after you send it. The materials show this was identified in March, but do not show that the breakout was received and reviewed.
Pending Items for You and Your Team
🔶 Partially Completed — Decide whether to make NY and NYC payments directly online or wait to process them with the return filing. The materials show guidance was provided, but do not show the final payment method.
🔶 Partially Completed — Engage Aprio for the R&D credit study and Form 6765, if you choose to pursue the credit through them. The materials show discussion and recommendation, but do not show final completion.
🔶 Partially Completed — Provide Aprio with the requested 2022–2025 documents, wage details, contractor information, project cost support, and development documentation. The materials show this was in process, but not completed.
⚠️ Still Open — Clarify with Aprio whether the credit would be treated as a payroll credit or another form of R&D credit, given the age of the business. The materials do not show this was resolved.
🔶 Partially Completed — Provide the Dell financing paperwork for the server purchase so we can confirm the loan terms, record the liability properly, classify the asset correctly, and separate the server investment from ordinary AWS/cloud operating costs. The materials do not show that the paperwork was received.
🔶 Partially Completed — Send the investor proposal details to Randy and Abid so we can review the financial, ownership, exit, and strategic implications before a follow-up discussion. The materials do not show that the proposal details were received.
🔶 Partially Completed — Provide the meeting/training P&L breakout so we can evaluate that activity separately from core therapy operations and determine whether it should be tracked as a distinct service line. The materials do not show that the breakout was received.
🔶 Partially Completed — Confirm Mohamad’s company name so vendor records can be updated. The materials do not show that this was completed.
April
Your Goals and Concerns
You needed personal extension and payment guidance before the April 15 deadline.
You needed confirmation that the business and personal extensions had been filed.
You needed to answer whether there was any additional NYC unincorporated business activity outside Talking for Wellness.
You needed March bookkeeping finalized and wanted a smoother process for future statement access.
You needed February and Q1 reporting delivered and a Q1 review call scheduled or rescheduled.
You needed Q1 financial results reviewed against budget so the team could identify what was working, what needed adjustment, and what should be prioritized for Q2.
You needed a clearer view of overhead, equity and liabilities, personal loans to the business, Amex credit card debt, and owner compensation structure.
You needed the monthly close process to become less burdensome and less dependent on you personally uploading the same statements each month.
What We Completed
Goal: Provide personal extension payment guidance before the April 15 deadline.
Status: ✅ Completed
We provided safe harbor payment recommendations for the personal return extension, including a federal recommended payment of $0 and a New York State recommended payment of $0 by April 15, 2026, based on the facts then available.
We explained that the recommended extension payments were not the same as final return results and that final balances would be determined once the personal return was complete.
Goal: Confirm business and personal extension status.
Status: ✅ Completed
We confirmed that extensions had been filed for the business and personal returns.
Goal: Confirm whether there was additional NYC unincorporated business activity outside Talking for Wellness.
Status: ✅ Completed
We asked whether you or your husband had any 2025 unincorporated business activity in New York City outside Talking for Wellness, and you confirmed the answer was no, noting that you had a single-member LLC with no business activity in 2025.
Goal: Finalize March bookkeeping and identify records needed to close March accurately.
Status: ✅ Completed
We requested the final documents needed to close March, including Santander 7569, three Amex statements, SBA loan or line of credit statement, Funding Circle loan or line of credit statement, and Santander loan or line of credit statement.
After the remaining available March documents were uploaded and reviewed, March accounts were completed, with Funding Circle still remaining a recurring documentation and access limitation.
Goal: Streamline future account access and reduce recurring monthly statement requests.
Status: ✅ Completed
We offered two process-improvement options: a one-time account access setup or a dedicated monthly point of contact. You selected the one-time access setup option.
We identified the account list for access setup: Santander accounts 7569, 5814, and 1409; Amex cards 51005, 41005, and 91005; Santander line of credit; Funding Circle loan; and SBA loan.
We confirmed Randy should be set up as the authorized user where possible, with Carl as the backup option if Randy cannot be set up.
We coordinated internally for Francisco to attend the account-access meeting, with Randy available for authentication codes if needed.
Goal: Deliver February and Q1 reporting and prepare for Q1 review.
Status: ✅ Completed
We sent the February monthly financial report and acknowledged the delay, including that it resulted from an internal miscommunication and had been addressed internally.
We provided Q1 financial reports for your review and noted that page two included items to discuss in more detail during the review call.
Goal: Review Q1 financial results against budget and identify Q2 priorities.
Status: ✅ Completed
We held the Q1 recap discussion and reviewed Q1 financial results with you. Revenue reached $493,658, or 90% of budget, with March reaching 99.6% of budget.
We reviewed Q1 profitability and noted net income of $61,487 compared with a $5,081 budget, driven by expense control.
We discussed that the reduction in therapist headcount improved profitability despite lower revenue, which became an important part of the Q1 business story.
We identified Q2 priorities, including keeping therapist caseloads at or above March levels, addressing Amex credit card interest, reviewing owner compensation, and moving toward a cleaner regular payroll structure.
What this produces
April produced extension clarity, personal payment guidance, March close completion, Q1 reporting, and a practical plan to reduce future manual document requests. It also clarified the exact accounts that need access solutions so the monthly close can be handled more efficiently going forward.
The Q1 recap gave you a clearer picture of the business trend heading into Q2. Even though revenue was below budget for the quarter, profitability exceeded plan because expenses were controlled, and March revenue nearly matched budget.
This month moved your overall goal forward by moving the relationship from cleanup and catch-up into a more repeatable monthly reporting process, with Q1 reports available, March accounts complete, and an access plan in motion.
Pending Items as of April
Pending Item Status Key
✅ Completed — The materials clearly show the item was later completed.
🔶 Partially Completed — The materials show meaningful progress, but not full completion.
⚠️ Still Open — The materials do not show the item was completed.
Pending Items for Us
🔶 Partially Completed — Complete the one-time account access setup for Santander accounts 7569, 5814, and 1409; Amex cards 51005, 41005, and 91005; Santander line of credit; Funding Circle loan; and SBA loan. The materials show the account list was identified and coordination began, but do not show the access setup was fully completed.
🔶 Partially Completed — Document the access process so the team can maintain continuity if an authorized user changes in the future. The materials show this concern was raised, but do not show the documentation was completed.
🔶 Partially Completed — Prepare and send the overhead cost breakdown by category, including rent, marketing, and professional fees for 2025 and 2026. The Q1 recap identified this as an open item for our side, but the materials do not show it was later sent.
🔶 Partially Completed — Prepare the equity and liability breakdown, including your personal loans to the business. The Q1 recap identified this as an open item for our side, but the materials do not show it was later sent.
🔶 Partially Completed — Research refinancing options to replace the Amex credit card debt and return with a game plan. The Q1 recap identified this as an open item for our side, but the materials do not show it was later completed.
🔶 Partially Completed — Consult internally on the optimal salary and distribution structure for you as owner. The Q1 recap identified this as an open item for our side, but the materials do not show it was later completed.
🔶 Partially Completed — Send the 2026 budget document so a follow-up review and revision meeting can be scheduled. The Q1 recap identified this as an open item for our side, but the materials do not show it was later sent.
🔶 Partially Completed — Review Q1 financial report notes with you during the follow-up process and identify Q2 focus areas. The Q1 recap occurred, but the materials show additional follow-up remained open.
⚠️ Still Open — Continue reviewing payroll liability balances against Justworks records if they remain unusual after the Justworks review. The materials do not show this was fully resolved.
Pending Items for You and Your Team
✅ Completed — Confirm whether there was additional NYC unincorporated business activity in 2025. You confirmed there was not.
✅ Completed — Upload all available March documents except Funding Circle. The materials show available March documents were uploaded, with Funding Circle still missing.
🔶 Partially Completed — Attend the account access setup meeting and have logins available so access can be completed in one session. The materials show the meeting was being coordinated, but do not show that the setup was fully completed.
⚠️ Still Open — Provide or obtain Funding Circle statements, or confirm another workable method for us to support the loan balance and interest treatment. The materials continue to show Funding Circle statements were not available.
🔶 Partially Completed — Confirm the follow-up meeting time for review of the 2026 budget document and Q2 priorities once the budget document is sent. The materials show follow-up was needed, but do not show the follow-up meeting was scheduled.
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