Who Pays Estimated Taxes and Why?

by Michael on Sep 19, 2013

As I noted a few days ago, estimated tax payments for the 3rd quarter of 2013 were due at the beginning of this week. That’s all well and good, but… Have you ever wondered who has to pay estimated taxes and why? I’ve touched on this in passing, but decided […]

Read the full article >>>

At the end of last week, I mentioned that estimated tax payments for the second quarter of 2013 are due soon. As I noted in that post, these payments are intended to help you avoid income tax underpayment penalties if you have income that isn’t subject to withholding (self-employment, investing, […]

Read the full article >>>

How to Adjust Your Income Tax Withholding

by Michael on Feb 18, 2013

Have you done your income taxes yet? If so, how do things look? Do you owe? Or are you expecting a nice big refund? I ask mainly because the answer might determine whether or not you’ll want to adjust your withholding in the coming year. If you’re receiving a large […]

Read the full article >>>