Atlanta CPA Tip: Quarterly Taxes

Home >    Blog >

Atlanta CPA Tip: Quarterly Taxes

Quarterly Taxes

Atlanta CPA Reminds about Quarterly Taxes

Small business owners, investors and independent contractors who are required to pay quarterly taxes to the IRS should consider the June 15, 2023 deadline to stay current with their taxes.

Why Make Quarterly Tax Payments?

Taxpayers who do not have their taxes withheld from wages (payroll taxes) are required by IRS rules to pay their taxes quarterly.  This includes small business owners, partners in a partnership, S corporation shareholders, independent contractors and sole proprietors.

Examples of small businesses owners who often need to make quarterly tax payments are real estate investors, real estate brokers, truckers, electricians, website designers and landscapers.

Reach out to your CPA firm if you are not sure how much tax to pay each quarter.  Our firm provides this service to clients in Atlanta, Chicago and throughout the country.

Quarterly Taxes:  Dates for 2023

The first quarterly payment covering January 1 through March 31 was due on April 18, 2023.  The second quarterly tax payment covering April 1 through May 31 is due June 15, 2023.   The third quarterly tax payment covering June 1 through August  31 is due on September 15, 2023.  And, the fourth quarterly tax payment covering September 1 through December 31 is due on January 16, 2024.

What if I Don’t Pay Quarterly Taxes?

If you don’t make quarterly tax payments, you may be subject to an underpayment tax penalty, plus interest.

IRS Installment Agreement and Quarterly Taxes

If you owe money to the IRS for back taxes and you are in an Installment Agreement with the IRS, your installment agreement will likely be revoked if you fail to make quarterly tax payments.  Revocation means that you have to apply for an IRS installment agreement all over again.

IRS installment agreement payments do not preclude the need to make quarterly tax payments to the IRS.


For more information about the tax and accounting services we provide, including tax return preparation and tax debt relief, visit our Home Page!

If you want our team to handle your tax and accounting matters for you, click here.


Massey and Company CPA is a boutique tax and accounting firm serving individuals and small businesses in Atlanta, Chicago and throughout the country.  Our services include tax return preparation, tax planning for businesses and individuals, IRS tax problem resolution, IRS audits, and small business accounting and bookkeeping.  

We are proud to be your Atlanta CPA firm.

Massey and Company CPA

Based in Atlanta and Chicago, Massey and Company CPA specializes in tax and accounting matters of small businesses, entrepreneurs, and their families.
We do everything related to tax return preparation and tax planning, as well as accounting and bookkeeping for small businesses using QuickBooks Online.
In addition, we represent taxpayers before the IRS, keeping taxpayers out of tax trouble. We negotiate with the IRS and the state, so you do not have to.
We know the tax issues. We know our way around the IRS. We know QuickBooks. And we know how to help you save taxes and keep more of your hard-earned profits.

Recent Posts