For some workers, taking taxes into your own hands is important and necessary. Those who work within the independent or freelance category of employment should consider paying their taxes in quarterly installments instead of waiting until the traditional April deadline.
As we have stated before in our content, staying organized is crucial to keeping up with your taxes and payments. When choosing to pay quarterly, there will be four payment periods throughout the year. Maintaining documentation of receipts, payments, profits, and losses are important to keeping an organized tax file.
When going to pay, you will need to estimate the taxes you will owe the government. Once you have an estimated amount, paying is easy and can be done online through the IRS website!
If you need help with bookkeeping, estimating, or paying your quarterly taxes, our professionals are here to assist you! Call and schedule an appointment today!
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