Texas residents, you get a small reprieve in an extended tax deadline! On February 23rd, the IRS announced it would be extending the tax filing deadline (for Texas residents) to June 15, 2021 after the state’s weather disaster. The extended filing date applies to individual, business, and trust returns. This means filing and payment deadlines will now be due June 15, 2021. Please [...]
For millions of small businesses and freelancers every year, estimated tax payments are a year-round aspect of their tax payments. Most people don’t have to deal with those changes, but small businesses and some individuals will have to pay these taxes throughout the year. In this short blog, we’ll give you a crash course in estimated tax payments so you can stay on top of it this year.