Hide

March 2018 – The SmallBiz Builder Newsletter

Tips for Paying Estimated Taxes

Estimated tax is a method used to pay tax on income that isn't subject to withholding.You may need to pay estimated taxes during the year depending on your sources of income. For example, income from self-employment, interest, dividends, alimony, rent, gains from the sales of assets, prizes or awards, may require you pay estimated tax. For Sole Proprietors, Partners and S Corporation shareholders, you generally have to make estimated tax payments if you expect to owe $1,000 or more in tax when you file your Form 1040 return.

Read the full newsletter here.

Do you have the support you need to manage your small business bookkeeping? Contact us to schedule an appointment to speak with a local small business advisor.

Categories