Posts Tagged quarterly paments

Quarterly Tax Payments Due 6/15

If you are a small lawn care business owner who makes quarterly estimated tax payments, don’t forget that your payment should be postmarked no later than 6/15.

Make Estimated Quarterly Tax Payments On Time

Making appropriate estimated tax payments greatly reduces your chances of surprises when the fiscal end-of-year tax due date comes around.

Lawn care business owners (especially new business owners) are often surprised at tax time when they calculate how much tax is owed for the entire year. 

Making quarterly payments helps take the sting out of a huge bill at the end of the year. 

Quarterly tax payments has a few unintended beneficial consequence too:

1)  They force business owners to keep their books up-to-date.
2)  They help small business owners keep tabs on how well they are doing through the year.  If goals are not being met, business owners can step up their game.

Here is an IRS publication which explains quarterly estimated tax payments:

 http://www.irs.gov/publications/p505/ch02.html

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Lawn Care Business taxes make Springtime bittersweet.

As April approaches, mixed emotions fill the minds of many lawn care business owners.

On one hand, the weather warms and grass sprouts in all your customer’s lawns.  Your phone rings with new customers requesting your services and old customers want spring cleanup jobs performed on their lawns.  Nurseries receive their first deliveries of the season and your world is full of color.

On the other hand, April 15 approaches and you hear rumblings from your CPA how much you will have to pay on the dreaded day.

Anyone who has read our Lawn Care Business program for start-up and newer lawn care businesses knows that we believe the services of a CPA are properly recommended for all business people.  A competent CPA will keep you on the right path with proper filing proceedures for your business.

However, we also know that that money (and time) are tight in the world of a lawn care business owner.  Time slips away and sometimes the upfront fees requested by CPAs are too much when money is tight.  Before you know it, April 15 is a few days away, all CPAs are busy with their clients, and you don’t have any money to pay for their services anyway.

If you find yourself in the above situation, Lawn Care Business Tax Software may well be the next best step for you to take in completing your tax filing in a timely, convienient, and cost effective manner.

The link below takes you to an Amazon.com page where you can download the latest tax software directly to your computer.  In many instances you can complete your taxes and electronically file your paperwork in one session at your computer.

Business Tax Software

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