by Joshua B Crutcher, CPA | Jan 31, 2016 | Business Planning, Tax Services, Taxes
Tax season is officially under way! I have been in touch with many of you. All of those required should have sent their 1099’s to recipients by the February 1st deadline (see below). If you still need to file your 1099’s, please get in touch with me...
by Joshua B Crutcher, CPA | Nov 30, 2015 | Business Planning, Tax Services
Estimated Tax System What is it? Estimated tax is the method used to pay tax on income that is not subject to withholding. This includes income from self-employment, interest, dividends, alimony, rent, gains from the sale of assets, prizes, and awards. You also may...
by Joshua B Crutcher, CPA | Nov 17, 2015 | Business Planning, Tax Services, Taxes
Good question. You may be required to be making quarterly estimates and failure to do so could result in penalties. I am going to answer this question with the most common answer from a CPA… – it depends. You must pay taxes if: You are a sole proprietor,...
