What are Estimated Taxes? Estimated tax is the method used to pay tax on income that is not subject to withholding. This includes income from self-employment,
Tag: withholding
Adjusting Your Income Tax Withholdings to Receive More Money During the Year
Change Withholding Check your year-to-date withholding and consider changing the taxes withheld if you are expecting a large refund. This is especially important if you are
Tax Saving Strategies
Using these smart tax savings strategies will help you get off to a good start and may help you save more money. Check Your W-4
4th Quarter 2015 Estimated Taxes Due
Your last 2015 quarterly estimated tax payment is due by January 15, 2016. Important: If you plan to take this payment as a deduction on your
Third Quarter Estimated Tax Payment Due September 15
The September 15th deadline for 2015 third quarter estimated tax payments is approaching. Estimated tax is the method used to pay tax on income that is not
The Truth About a Big Tax Refund
You’ve filed taxes and are getting a big tax refund. Everyone gets excited about that BIG refund. Why is this? Is this really good? Well, not
Federal Tax Extensions and Penalties
How do Tax Extensions Work? Filing for an automatic 6 month extension to file your taxes is easy. Simply fill out Tax Form 4868, Application
Additional Medicare Tax Information
Additional Medicare Tax – What You Need to Know Some taxpayers may be liable for an Additional Medicare Tax if your income exceeds certain limits.
4th Quarter 2014 Estimated Taxes Due
If you are self-employed or have other fourth-quarter income that requires you to pay quarterly estimated taxes, make sure your 4th quarter 2014 estimated tax payment
Avoid Surprises at Tax-Time
Even though only a few months remain in 2014, you still have time to act so you aren’t surprised at tax-time next year. You should