If you own a lawn care business (or other small service based business) you are probably worried about making timely estimated tax payments.
Generally, according to the IRS website, there is a four payment date tax schedule which will keep you on track with your payments so you do not face a large settlement at the end of the fiscal year.
Quarterly Tax Dates:
April 17, 2012
June 15, 2012
September 17, 2012
Januray 15, 2013
Unfortunately, many small business owners do not pay their estimated taxes throughout the year. Come April 15, those business owners are often surprised by the amount of taxes they owe.
While making quarterly estimated payments is fairly straightforward, every business’ tax structure is slightly different. Please consult the IRS website and your accountant for specific instructions for your business.
Though we are not accountants and cannot give tax advice, we have been involved in the lawn care industry since 1992 and can give you solid advice about operating a successful lawn care company. In fact, we have produced a professionally designed lawn care business training course and software package that will help you start and operate a successful lawn care company.
For more information about the program and to order at our sale price, please visit our main website at the link below:
Start A Lawn Care Business