If you are a taxpayer who pays quarterly estimates, 2nd quarter estimate payments are due tomorrow, June 15th. Make sure to pay before or on June 15th to avoid penalties and fees. You can pay directly through the IRS website with their Direct Pay service, or you can mail in a check with your estimate voucher to the IRS directly. If you have had significant changes to your income this year or have questions about how to pay estimates, speak with your accountant or a tax professional.
During this time of year, it is important to make sure you have a long-term tax strategy in place. If you do not have a tax strategy in place, make sure you work with a tax professional to implement one.
At CPA On Fire, we are on the forefront of tax strategies for entrepreneurs. Our accountants have been doing tax planning and strategies for over 25 years, so we are well versed in what it takes to successfully reduce an entrepreneur’s taxes. We have extensive knowledge in working with entrepreneurs who have businesses in the ecommerce, coaching, and other online business communities. If you are looking for a highly qualified and experienced accountant, let’s connect! We will show you what we can do for your business to help you grow exponentially.