Reported 4 months ago
Today marks the deadline for third-quarter estimated tax payments, essential for self-employed individuals and those with side incomes to meet their IRS obligations. Jackson Hewitt's Mark Steber advises that missing this deadline can lead to penalties and suggests seeking professional help to ensure timely and correct filings. Self-employed individuals must account for additional taxes, including self-employment and Medicare taxes, making compliance crucial to avoid future headaches.
Source: YAHOO