EP 80 - Tax Savvy Strategies for Estimated Tax Payments

Jan 10, 2023

This week, Kelsey joins me to break down how to prepare for taxes throughout the year.  

As tax season is coming up, we see too many business owners scrambling to pay their taxes every year and it doesn’t have to be that way. Kelsey and I give you steps for how you can prepare with estimated tax payments from the start of each year and what to do if you’re not prepared to pay your taxes this year.  

In this episode, Kelsey and I also discuss: 

• What are estimated taxes and why you should pay them | 1:56 
• When are we required to start paying estimated taxes | 3:48 
• What happens if you don’t have the money to pay your taxes at the end of the year | 5:58 
• Action steps to take right now: Choosing the right method for you to make estimated tax payments | 7:28 
• Keeping up with your bookkeeping to prepare for taxes | 11:04 

 

Connect with Danielle:  

Website | https://www.kickstartaccountinginc.net/  

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Instagram | https://www.instagram.com/kickstartaccounting   

Twitter | https://twitter.com/KickstartAcct