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The Small Business School Podcast

Ready to leave the small business struggle behind? The “School for Small Business” podcast supports small business owners in scaling a business that is profitable, purposeful, and doesn’t leave you burnt out. No matter whether you run your business online or you own a brick-and-mortar, you can expect our world class experts to support you with mindset, tactics, and everything in between so you can have the business you dreamed of. Based on our lived experience, we know that small business CAN be easy and we are here to show you how.The “School for Small Business” is hosted by Staci Millard, a CPA by trade with over 15 years of experience seeing the behind the scenes of thousands of small businesses. After growing and selling her first 7 figure business, Staci has been on the ground running - mentoring small businesses and working to increase success rates. Staci strongly believes you don’t need to have gone to business school to be successful so you can expect nothing but simple, impactful advice. Tune in each Tuesday for a new 30 minute or less episode of nothing but valuable advice to help you grow your small business. We are so excited for you to be on this journey with us!

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The Small Business School Podcast

Making Sense of Tax Installments (Without the Panic)

November 13, 2025 • Staci Millard • Episode 352

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.

Staci's Links:
Instagram. Website.

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