By Andrew Schwartz CPA
Doctors –Don’t forget 1st Quarter Estimated Tax payments for 2016; due April 18th.
‘Estimated Tax’
Estimated taxes are usually paid on a quarterly basis. If the estimated taxes that are paid do not equal at least 90% of the taxpayer’s actual tax liability (or 100% or 110% of the taxpayer’s prior-year liability, depending on the level of adjusted gross income), then interest and penalties are assessed against the delinquent amount.
Don’t forget- 1st Quarter Estimated Tax
Conclusion
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Filed under: Accounting, Taxation | Tagged: Andrew Schwartz CPA, Estimated Tax, quarterly tax | 1 Comment »















