who needs to make estimated tax payments Archives

Taxpayers Should Stay on Top of Taxes All Year to Avoid a Surprise Tax Bill
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Taxpayers Should Stay on Top of Taxes All Year to Avoid a Surprise Tax Bill

IRS, Personal Finance, Personal Taxes, Planning Strategies, Self-Employed, Small Business, Tax Payments, Tax Tips, Taxes

Taxpayers Should Stay on Top of Taxes All Year to Avoid a Surprise Tax Bill

This article was published by the IRS. The next tax season seems far away, but this is actually the perfect time for taxpayers to review their withholding and estimated tax payments. Because federal taxes are pay-as-you-go, it’s important for taxpayers to withhold enough from their paychecks or pay enough in estimated tax. If they don’t, they [...]

cozbycpa2024-08-28T13:05:36-04:00August 28th, 2024|Categories: IRS, Personal Finance, Personal Taxes, Planning Strategies, Self-Employed, Small Business, Tax Payments, Tax Tips, Taxes|Tags: Cozby & Company, CPA Heather Cozby, Direct Pay, EFTPS, Electronic Federal Tax Payment System, how to adjust tax withholding, how to make estimated tax payments, IRS Tax Withholding Estimator, Plymouth MA accountant, Plymouth MA tax preparer, who needs to make estimated tax payments|

What Taxpayers Need to Know about Making 2022 Estimated Tax Payments
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What Taxpayers Need to Know about Making 2022 Estimated Tax Payments

Corporate Taxes, IRS, Personal Taxes, Planning Strategies, Self-Employed, Small Business, Tax Tips, Taxes

What Taxpayers Need to Know about Making 2022 Estimated Tax Payments

This article was published by the IRS. By law, everyone must pay tax as they earn income. Generally taxpayers must pay at least 90 percent of their taxes throughout the year through withholding, estimated or additional tax payments or a combination of the two. If they don't, they may owe an estimated tax penalty when they [...]

cozbycpa2022-06-29T10:21:49-04:00June 29th, 2022|Categories: Corporate Taxes, IRS, Personal Taxes, Planning Strategies, Self-Employed, Small Business, Tax Tips, Taxes|Tags: Cozby & Company, CPA Heather Cozby, do those in the sharing economy need to make estimated tax payments, making 2022 estimated tax payments, tax preparers in Plymouth MA, what is the purpose of quarterly estimated tax payments, who needs to make estimated tax payments|