Missed a Tax Deadline?
Accidentally skipped a tax payment? Here’s what to do next. Life gets busy, and it’s not uncommon for small business owners to miss a quarterly payment or sales tax deadline. But ignoring it makes it worse—late fees add up quickly, and missing more than one period could trigger notices (and penalties).
Start by checking QuickBooks for what was owed and when. Next, get caught up by submitting the payment ASAP and noting the missed filing. If this is becoming a habit, it might be time to set up reminders or outsource your tax compliance.
A Chandler CPA (like us) can help you get caught up and create a simple tax tracking system so deadlines don’t sneak up again. This is especially helpful for those juggling sales tax, estimated taxes, and payroll.
Questions? Call us at 480 747 3935 or visit our Monthly Accounting Services page, too!
