Quarterly Tax Payments

Avoid Surprises With Proactive Estimated Tax Planning

If you’re self-employed, a business owner, or have income not subject to withholding, the IRS expects you to make estimated quarterly tax payments. Missing these payments—or miscalculating what you owe—can lead to penalties, interest, and cash flow disruptions.

At Next Edge CPA, we take the guesswork out of quarterly tax payments. We calculate exactly what you owe, when to pay it, and how to stay compliant without the stress.

What Are Quarterly Tax Payments?

Quarterly tax payments are estimated taxes made four times a year to cover income that isn’t subject to automatic withholding. This typically includes:

Self-employment income
Rental income
Investment and dividend earnings
Business profits (LLCs, S-Corps, partnerships)
Freelance, contract, or 1099 income

Rather than paying a lump sum at tax time, you spread your liability across four deadlines—April, June, September, and January.

Who Needs to Make Estimated Payments?

You’re generally required to make quarterly payments if you expect to owe at least $1,000 in taxes when you file your return. This applies to:

Sole proprietors
S-Corp shareholders receiving pass-through income
LLC owners
Independent contractors and gig workers
High-income individuals with significant investment income
Anyone without sufficient tax withholding from wages

If this sounds like you, skipping quarterly payments could lead to unexpected tax bills and IRS penalties.

What Happens If You Don’t Pay Quarterly Taxes?

Failing to make quarterly payments—or underpaying what you owe—can trigger:

IRS penalties and interest for each late or missing payment
Cash flow shocks during tax season when a large payment is due
Stress and uncertainty throughout the year about what you owe

Quarterly tax planning is about more than avoiding penalties—it’s about giving yourself peace of mind and predictability.

How Next Edge CPA Helps

At Next Edge CPA, we simplify the quarterly tax process for individuals and businesses alike. You won’t have to wonder how much to send or when to send it—we do it all for you.

Here’s what’s included in our quarterly tax service:

Accurate Tax Calculations

We analyze your income sources, deductions, credits, and business structure to estimate your liability each quarter.

Federal & State Payments

We calculate both federal and state estimated taxes so you’re covered at all levels.

Payment Reminders & Instructions

We provide simple step-by-step instructions and deadlines—or make payments on your behalf.

Adjustments Throughout the Year

Income changes? Business booming? We reassess each quarter so your payments stay accurate.

Annual Reconciliation

When it’s time to file your return, we reconcile all estimated payments and ensure you receive credit for everything you’ve paid.

Why Work With a CPA for Estimated Taxes?

While online calculators and apps can give you rough estimates, they often miss key deductions, tax law changes, or state-specific rules. Working with a CPA ensures:

You’re not overpaying or underpaying
You have a tailored strategy based on real financials
You can ask questions and plan proactively
You avoid unnecessary IRS scrutiny

We make quarterly payments part of a bigger picture—your overall tax strategy.

Ideal Clients for Our Quarterly Tax Services

Our estimated tax services are perfect for:

Freelancers, consultants, and gig workers
Business owners with pass-through income
S-Corp shareholders receiving distributions
Real estate investors
High-net-worth individuals with multiple income streams
Anyone who prefers not to deal with IRS payment deadlines

Whether you have steady income or large swings from quarter to quarter, we tailor your plan accordingly.

Common Mistakes We Help You Avoid

When you work with Next Edge CPA, we ensure you don’t fall into these common traps:

Guessing payment amounts instead of calculating based on actual data
Missing state-level payments, especially in states with different deadlines
Using outdated income estimates that don’t reflect current performance
Overpaying out of fear, creating unnecessary cash flow strain
Missing deductions that could lower your tax burden

We help you avoid errors, reduce risk, and keep your finances running smoothly.

What to Expect When You Partner With Us

Onboarding & Financial Review
We review your income sources, past tax returns, and business activity to understand your unique tax profile.
Quarterly Tax Plan Creation
We build a schedule of payments with due dates, instructions, and clear amounts based on your income projections.
Ongoing Monitoring & Adjustments
Each quarter, we check in and revise your plan based on any changes in income or deductions.
Tax Filing Alignment
When it’s time to file, we account for all payments made and minimize your tax due—or maximize your refund.

Stop Guessing. Start Planning.

Quarterly tax payments don’t have to be a headache. With expert guidance from Next Edge CPA, you’ll know exactly what to pay, when to pay it, and why it matters.