Who Must Pay Estimated Tax
Individuals, including sole proprietors, partners, and S corporation shareholders, generally have to make estimated tax payments if they expect to owe tax of $1,000 or more when their return is filed.Corporations generally have to make estimated tax payments if they expect to owe tax of $500 or more when their return is filed.You may have to pay estimated tax for the current year if your tax was more than zero in the prior year.
Navigating Corporate Tax: Partnering with George R. Baxendale CPA, Inc.
Greetings, valued clients and fellow Bostonians! George R. Baxendale CPA, Inc. is excited to bring you insights into...
