What to Do if You’re Behind (or Haven’t Paid at All)
If you’re a small business owner, keeping up with quarterly estimated tax payments can feel like one more thing on an already full plate. And if you’ve missed a payment, or several, you’re definitely not alone.
The good news? It’s not too late to get back on track before the next estimated tax deadline hits in September. Here’s what you need to know (and how we can help if things have gotten off course).
What Are Quarterly Estimated Tax Payments, Again?
If you’re self-employed or run a small business, the IRS expects you to pay taxes on your income throughout the year, usually in four installments. These payments cover federal income tax, self-employment tax, and in some cases, state taxes.
The due dates typically fall in April, June, September, and January. Miss one, and you could face penalties or interest, even if you plan to pay your full tax bill in April.
What If You’ve Missed a Payment?
It happens. Life gets busy, and sometimes taxes fall through the cracks. If you’ve missed one or more quarterly payments this year, here’s what you can do:
- Don’t wait – The longer you delay, the more interest and penalties can build up.
- Make a payment now – You don’t need to wait until the next deadline. The IRS allows catch-up payments anytime.
- Get help recalculating what you owe – If your income has changed, your original estimates might no longer be accurate. A CPA can help you adjust.
How J.A. Green Accounting Can Help
Whether you’re one payment behind or haven’t paid at all this year, we’re here to help you catch up without the stress. Here’s how:
- Quick reviews and estimates to get you back on schedule
- Penalty reduction support if you qualify
- Clean-up and planning services to help avoid the same stress next quarter
- Personalized guidance so you always know what to pay and when
Let’s Get You Back on Track
You don’t have to navigate this alone—or wait until tax season to fix things. Getting ahead of the September deadline can help you avoid surprises later and give you peace of mind now.
Need help catching up on your quarterly tax payments?
Contact J.A. Green Accounting today and let’s take the pressure off.
