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 This year, you may have started a new job, new marital status or family member.
Tag: estimated taxes
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 2015 federal income tax return, you must make the payment by December 31, 2015.
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 subject to withholding. This includes income from self-employment, interest, dividends, alimony, rent, gains from the
Tax Tips for Beauty and Barber Shops
If you own a beauty or barber shop, or are self-employed, visit IRS.gov for all your tax needs. Knowing the tax rules can help your business start, grow and succeed. For example, see IRS Publication 4902, Tips for the Cosmetology
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 for Automatic Extension of Time To File U.S. Income Tax Return (pdf) by the tax
The Tax Deadline has Passed, Now What?
If You Missed the Tax Deadline These Tips Can Help April 15 has come and gone. If you didn’t file a tax return or an extension but should have, you need to take action now. Here are some tips for
2015 First Quarter Estimated Tax Payment
The April 15, 2015 deadline for 2015 First Quarter estimated tax payments is approaching. Estimated tax is the method used to pay tax on income that is not subject to withholding. This includes income from self-employment, interest, dividends, alimony, rent, gains
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. Here are six things that you should know about this tax:
6 Tax Filing Mistakes Small Business Owners Make
Filing small business taxes is an important process for every business, although it’s enjoyable to very few. In fact, some flat-out dread it. The problem is that some business owners think of taxes only in the weeks leading up to the
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 is postmarked by January 15, 2015. What are the filing dates for federal quarterly estimated