Welcome back to Small Business School! Let’s talk about something that confuses almost every entrepreneur at some point — tax installments. In this episode, I’m breaking down what they are, when you owe them, and how to handle them without stress or surprise bills from the CRA. If you’ve ever wondered why you’re being asked to pay tax before year-end, or what happens if you skip an installment, this episode is for you.

Key topics covered:

• What tax installments actually are (and why they’re not “extra” tax)
• When CRA requires you to start paying installments — and how to find your specific deadlines
• What happens if you skip or delay a payment
• When it might make sense to use your line of credit to pay installments
• How to plan ahead so taxes stop feeling like a surprise

At the end of the day, it’s not about fear — it’s about being informed so you can make empowered decisions with your money.

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Head over to my website https://www.stacimillard.com/ to grab your FREE copy of my Profit Playbook and receive 30 innovative ways you can add more profit to your business AND the first step towards implementing these ideas in your business!