Posts Tagged ‘avoid underpayment penalties’
Quarterly Estimates: Exact Steps for Each Quarter
If you have self-employment income, 1099 income, side income, or run a practice, you’re responsible for quarterly estimated taxes. The IRS expects you to pay taxes as you earn.Not once a year.Not when convenient.Every quarter. Here is the exact checklist you can follow for all four quarters—clear, simple, and repeatable. Before You Start: Know Your…
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