It's that time! The deadline to pay your fourth estimated tax payment for 2018 is Tuesday, January 15th. That's just four days away! Are you tired of worrying about your own bookkeeping and staying on top of these deadlines? Give us a call about our friendly, virtual bookkeeping services for consultants and coaches. We'll take care of the books (and the deadlines!) so you can take care of … [Read more...]
2018 Tax Deadlines and Dates
Most people only have to keep up one with tax deadline. It's common knowledge that April 15th is Tax Day (though that date actually changes based on holidays, weekends, etc). But for business owners like us, that isn't accurate. We actually have many tax deadlines to worry about through the year, and if your business is a partnership or S-corporation, your return is due in March, not April. … [Read more...]
It’s Tax Day Again?
For millions of small business owners, freelancers, consultants and other self-employed folks, April 15th isn’t the last “Tax Day” to worry about. For business owners subject to estimated taxes, tax payments are due four times each year, on April 15th, June 15th, September 15th and January 15th. These payments are called “estimated tax payments” and are meant to approximate one quarter of your … [Read more...]
1099s Are Due January 31st! Have You Tried E-filing Yet?
I have been sending out more and more 1099s each year for my clients and the process is never fun. Each year I receive questions about the best software for do-it-yourself 1099 filers. This year, I have a couple new suggestions: First off, if you aren't using your QuickBooks or QuickBooks Online to track your 1099 vendors, you really should. This functionality is built right into QuickBooks … [Read more...]
Estimated Tax Payments Due September 15th
It's that time again ... time to send your estimated taxes in to Uncle Sam. So what are estimated taxes and why would you have to pay them? When you bring home a paycheck, your employer has withheld income taxes from your paycheck. But when you're self-employed, a landlord, or even an investor, you are earning income that has never had taxes withheld. Rather than settling up all at once on … [Read more...]