--- title: "Navigating Quarterly Taxes: What Every Business Owner Needs to Know Before April" description: Learn how to navigate quarterly tax payments to avoid penalties and maintain financial health for your business. Get tips for accurate calculations and timely submissions. image: https://www.crradvisors.com/hubfs/AdobeStock_1027862058.jpeg --- [Skip to content](https://www.crradvisors.com/blog/navigating-quarterly-taxes-what-every-business-owner-needs-to-know-before-april#main-content) [![CRR](https://www.crradvisors.com/hubfs/CRR.svg)Homepage](https://www.crradvisors.com) - [Home](https://www.crradvisors.com) - [Services](https://www.crradvisors.com/services) - [Audit & Assurance](https://www.crradvisors.com/services/accounting-auditing) - [Business Valuation](https://www.crradvisors.com/business-valuation) - [Client Accounting + Advisory Services](https://www.crradvisors.com/caas) - [Private Client Services](https://www.crradvisors.com/private-client-services) - [Tax for Businesses](https://www.crradvisors.com/tax-services-business) - [Tax for Individuals](https://www.crradvisors.com/tax-services-individual) - [Transaction Advisory](https://www.crradvisors.com/transaction-advisory-services) - [Industries](https://www.crradvisors.com/industries) - [Blog](https://www.crradvisors.com/blog) - [About Us](https://www.crradvisors.com/about-us) - [Team & Careers](https://www.crradvisors.com/about-us) - [CRR Charitable Foundation](https://www.crradvisors.com/crr-charitable-foundation) - [Contact](https://www.crradvisors.com/contact-us) - [Client Tools](https://www.crradvisors.com/client-portal) - [Home](https://www.crradvisors.com) - [Services](https://www.crradvisors.com/services) - [Audit & Assurance](https://www.crradvisors.com/services/accounting-auditing) - [Business Valuation](https://www.crradvisors.com/business-valuation) - [Client Accounting + Advisory Services](https://www.crradvisors.com/caas) - [Private Client Services](https://www.crradvisors.com/private-client-services) - [Tax for Businesses](https://www.crradvisors.com/tax-services-business) - [Tax for Individuals](https://www.crradvisors.com/tax-services-individual) - [Transaction Advisory](https://www.crradvisors.com/transaction-advisory-services) - [Industries](https://www.crradvisors.com/industries) - [Blog](https://www.crradvisors.com/blog) - [About Us](https://www.crradvisors.com/about-us) - [Team & Careers](https://www.crradvisors.com/about-us) - [CRR Charitable Foundation](https://www.crradvisors.com/crr-charitable-foundation) - [Contact](https://www.crradvisors.com/contact-us) - [Client Tools](https://www.crradvisors.com/client-portal) ![](https://www.crradvisors.com/hs-fs/hubfs/AdobeStock_1027862058.jpeg?width=5824&height=3264&name=AdobeStock_1027862058.jpeg) # Navigating Quarterly Taxes: What Every Business Owner Needs to Know Before April ![Jay Krug](https://www.crradvisors.com/hs-fs/hubfs/Jay%20Krug.jpg?width=48&height=48&name=Jay%20Krug.jpg) Jay Krug February 5, 2025 Quarterly taxes are a crucial part of running a business, but they can often feel overwhelming. Missing payments or underestimating your tax liability can lead to penalties. Here’s how to stay on top of your obligations: Understanding Quarterly Taxes - Quarterly taxes are estimated payments of income tax for self-employed individuals, freelancers, and businesses that don’t have taxes withheld from income. These payments cover income, self-employment, and other applicable taxes. Key Considerations for Quarterly Taxes 1. Calculate Accurately: Use IRS Form 1040-ES or consult with your CPA to estimate your tax liability based on prior years and current earnings. 2. Avoid Underpayment Penalties: Pay at least 90% of your current year’s taxes or 100% of last year’s liability to avoid penalties (there are special rules for farmers, fishermen, and certain higher income taxpayers). 3. Set Funds Aside Regularly: Deposit a percentage of each month’s earnings into a separate account designated for taxes. Benefits of Staying Ahead - Maintaining consistent payments not only avoids penalties but also improves cash flow planning and keeps you prepared for year-end filings. Timely and accurate quarterly tax payments reduce financial stress and help you maintain compliance. Tips for Success: 1. Estimate your taxes early using reliable data. 2. Set up reminders for quarterly payment deadlines. 3. Use accounting software or a CPA to streamline calculations and payments. If you have questions about quarterly tax payments, leave a comment below or feel free to contact me directly. I’m happy to help! ## Share this post [mailto:https%3A%2F%2Fwww.crradvisors.com%2Fblog%2Fnavigating-quarterly-taxes-what-every-business-owner-needs-to-know-before-april](mailto:https%3A%2F%2Fwww.crradvisors.com%2Fblog%2Fnavigating-quarterly-taxes-what-every-business-owner-needs-to-know-before-april) ## Keep reading ### [![](https://www.crradvisors.com/hs-fs/hubfs/AdobeStock_808994683.jpeg?width=4823&height=2412&name=AdobeStock_808994683.jpeg) Transaction Advisory Banks Banking What the SBA's New Quality of Earnings Rule Means for Your Next Deal](https://www.crradvisors.com/blog/what-the-sbas-new-quality-of-earnings-rule-means-for-your-next-deal) ### [![Staffing agency employees having a team meeting](https://www.crradvisors.com/hs-fs/hubfs/AdobeStock_1876259626.jpeg?width=7936&height=5291&name=AdobeStock_1876259626.jpeg) Staffing Staffing Series Week 4: What Staffing Agency Owners Should Know About the Work Opportunity Tax Credit (WOTC)](https://www.crradvisors.com/blog/staffing-series-week-4-what-staffing-agency-owners-should-know-about-the-work-opportunity-tax-credit-wotc) [![CRR](https://www.crradvisors.com/hubfs/CRR.svg "CRR")](https://www.crradvisors.com) *"CRR" is the brand name under which CRR, LLP and Bridgepoint Alliance, LLC, doing business as CRR Advisors, offer professional services to its respective clients in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations, and professional standards. CRR, LLP is a licensed independent CPA firm that delivers attest services to its clients. CRR Advisors provides tax business consulting, and other non-attest services to their clients. Although it may employ CPAs, Bridgepoint Alliance, LLC is not a licensed CPA firm. The use of the terms “our firm,” “we,” and “us,” and similar language, may refer to CRR, LLP and CRR Advisors as it operates in its alternative practice structure.*       - [Home](https://www.crradvisors.com) - [Services](https://www.crradvisors.com/services) - [Industries](https://www.crradvisors.com/industries) - [Blog](https://www.crradvisors.com/blog) - [About Us](https://www.crradvisors.com/about-us) - [Contact](https://www.crradvisors.com/contact-us) - [Client Tools](https://www.crradvisors.com/client-portal) --- © 2025 CRR, LLP. All rights reserved.