Tag Archive for form 1040es

TAX TIP: Use QuickBooks Online to Ease Estimated Tax Nightmares

DID YOU KNOW? Figuring out estimated taxes can be a big PITA if you don’t have a bookkeeping system…and doing your own books can be even more overwhelming….until now! If you pay estimated tax, and your income fluctuates, you may wish to adjust estimated tax installments you owe throughout the year, say if you’re not earning as…

Free Tool to Calculate 1040-ES Estimated Tax Payment Amounts (link)

Here’s a great resource I’ve located online for calculating how much you need to pay with the Form 1040-ES voucher. As a tax professional, I found this estimated tax payment calculator tool (link below) fairly straightforward to use. TAX TIP: If the tool I linked to below seems overwhelming or confusing to you, please consider…

WHAT IS ESTIMATED TAX & WHY SHOULD YOU PAY IT?

If you receive taxable income that is paid to you without income tax withheld, you may owe estimated tax. You should make your estimated tax payment(s) on time in order to not be charged penalties and interest for paying late, (for instance if you wait until you file your tax return to pay all the…

How to Pay Your IRS 1040ES Estimated Taxes

The IRS accepts payment by mail, credit card, or online. The following instructions are from the IRS 2013 “Form 1040ES Instructions – “How To Pay Estimated Tax”: Pay Online: Paying online is convenient and secure and helps make sure we get your payments on time. You can pay using either of the following electronic payment…

2nd Quarter Estimated Taxes: Due on Fri 06-15-2012!

Title: 2nd Quarter 2012 Estimated Taxes are Due! Description: Estimated tax payment. Your second-quarter estimated tax payment for Tax year 2012 is due. Mail form 1040-ES with your payment or pay online. Date: 2011-06-15 Link: www.irs.gov/pub/irs-pdf/f1040es.pdf Quarterly Estimated Tax payments can be tricky but it’s not rocket science. You have an option to pay in…