The Internal Revenue Service has revised the Form 1040-ES and instructions to help taxpayers and their tax practitioners prepare for the changes ahead in the wake of the recently enacted Tax Cuts and ...

For many of us, Tax Day comes but once a year. For others, taxes come due more often. Freelancers, small business owners and those earning over a certain amount from a side hustle are among those who ...

You may need to pay estimated taxes each quarter, rather than wait until you file your annual taxes. Here’s how estimated tax works. In most cases, to avoid a penalty, you need to make estimated tax ...

Self-employment has a lot to recommend it. You get to set your own hours. There’s a direct correlation between your hustle and your paycheck. And, of course, you enjoy a warm relationship with your ...

If you’re self-employed, we’ll make it easy for you to figure out if you have to pay estimated taxes and if so, how much. If you’re an employee, your employer typically withholds taxes from every ...

One of my largest frustrations each tax season comes over being questioned regarding estimated tax payments. As a tax preparer it feels like we are questioned if we set them up for clients, but we are ...

C corp estimated tax payments work like withholding for employees. Your company pays in ahead of time so that you don't end up staring at your tax forms on April 15 and realizing you can't cover your ...