What You Need To Know About Quarterly Estimated Taxes

Written by Wall Street News on October 30th, 2018. Posted in Accounting services, Small business accounting services nyc, Tax preparation services nyc

If you work in a large firm, you have probably heard about quarterly estimated taxes but do you really understand them? To start off, these are some of the charges that you will have to pay to keep your business in full compliance with the law. It’s a federal income tax that requires quarterly payments every year. To calculate it of course you need help from professional accountants who are familiar with quarterly estimated taxes.


Employers tend to hold their employee’s paycheques until they finish submitting all their quarterly taxes. However, if you are self-employed, then it’s upon you to make these quarterly payments. If you feel that you have been overcharged through these taxes, the IRS will either refund you or send you a list of financial details showing the amount you should pay. Though, you can find a great tax accountant to reduce chances of making a mistake when filing your tax.

How Much Should You Pay?
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