April 15 might get all the attention, but for small business owners, keeping up with tax deadlines and deductions is more like a year-round game of catch-up. Miss a deadline, and the IRS isn’t exactly forgiving. But when you stay ahead of the calendar and know what deductions you’re entitled to, tax time becomes a lot less stressful—and potentially profitable. At Edgewater CPA Group, we help local business owners like you navigate the chaos of tax preparation with clarity, confidence, and smart planning. 
Key Tax Deadlines to Remember
There are a few essential tax deadlines that small business owners need to keep on their radar. January 31 is the deadline to distribute W-2s and 1099s to employees and independent contractors. If your business is structured as a partnership or S corporation, March 15 is your due date for filing. For C corporations and sole proprietors, the standard April 15 tax deadline still applies. And let’s not forget quarterly estimated payments, which are due on April 15, June 15, September 15, and January 15 of the following year. Missing these can result in penalties and interest, costly mistakes that can add up fast.
Top Tax Deductions You Might Be Missing
Knowing what you can write off is just as important as filing on time. Many business owners overlook the home office deduction, which allows you to deduct a portion of your rent, utilities, and internet if you work from home. Business mileage is another big one—if you’re driving to meet clients, make deliveries, or pick up supplies, those miles could add up to serious savings. Don’t forget about depreciation; large purchases like equipment or office furniture can be written off over time. Finally, any professional services you pay for—including accounting, legal, or consulting support—are deductible and often essential to running your business smoothly.
Why Local Support Matters
Being a small business means you’re part of a vibrant, hardworking community. But you need a CPA who understands local business dynamics. That’s where Edgewater CPA Group shines. We take the time to understand your goals, challenges, and industry so we can help you make the best financial decisions possible.
Wrap It Up & Write It Off
Taxes don’t have to be overwhelming when you’ve got the right team on your side. From meeting deadlines to maximizing deductions, Edgewater CPA Group is here to help your Carmel, IN, business thrive. We also offer payroll, bookkeeping, and controller services to keep your finances buttoned up all year long. Contact us at (317) 386-7021 to schedule your consultation today, and we’ll help you stay ahead, compliant, and profitable.