The IRS wants Americans to pay taxes as they earn money. As an employee, they withhold federal, social security and medicare automatically from your paycheck. As a self-employed individual or independent contractor, taxes are not taken out of the money your make. So it is required that you make Estimated Tax payments throughout the year. If you do not pay them quarterly, you may underpay your tax liability which will result in penalties and interest.
We at ZAJ are dedicated to helping you stay up-to-date on your taxes, all year around not just during tax season.
Let us help you prepare & file Estimated Taxes!
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