As a small business owner, time flies—especially when you’re juggling sales, operations, customer service, and more. But don’t let the next quarterly tax deadline sneak up on you! September 15 marks the due date for third-quarter estimated tax payments for many businesses. Now is the perfect time to review your books, catch up on reporting, and get organized so you can file with confidence.

Here are key steps you can take in August to stay on track and avoid surprises in September.

  1. Review Your Year-to-Date Income and Expenses
    Take a fresh look at your profit and loss statements through Q2. Is your income higher than expected? Are there expenses you haven’t properly categorized? Getting a clear picture now allows you to adjust your Q3 estimates before they’re due.
  2. Reconcile Your Bank Accounts
    Reconciling your business accounts helps identify missing transactions, duplicate charges, or errors in real time. This keeps your books clean and accurate heading into Q3 filing.
  3. Organize Receipts and Records
    Make sure all your receipts and invoices are filed properly. Staying organized now can save time and stress when it’s time to file.
  4. Review Estimated Tax Payments
    Double-check how much you’ve paid in estimated taxes so far in 2025. If your income or expenses have changed, your Q3 payment may need adjusting.
  5. Schedule a Mid-Year Tax Check-In
    Now’s a great time to meet with your accountant to discuss tax planning strategies. A quick check-in can lead to big savings come year-end.
  6. Plan for Cash Flow
    Review your upcoming expenses and set aside enough to cover your Q3 estimated tax. Being proactive avoids last-minute financial strain.
  7. Set a Reminder for the September 15 Deadline
    Add it to your calendar now—and if we handle your filings, be sure we have all the necessary documents in advance so we can file on time for you.

Need Help? Let’s Get You Caught Up.
Whether you’re behind on your books or just want peace of mind heading into Q3, our team at C Squared Accounting is here to help. We’ll make sure your financials are accurate, organized, and ready for whatever comes next.

📞 (631) 452-1423
💻 csquaredacct.com