Comments on: Tax day, take two http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/ Practical Career Advice for Women Who Think Outside the Cube Wed, 07 Jan 2009 01:06:12 +0000 http://wordpress.org/?v=2.6.3 By: Michelle Goodman http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1615 Michelle Goodman Thu, 25 Jan 2007 15:09:32 +0000 http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1615 thanks, melissa. good to know. i've been talking about my unincorporated sole proprietor biz. but i will look into whether LLCs file quarterly next time i write about this topic. THANKS, and WELCOME! thanks, melissa. good to know. i’ve been talking about my unincorporated sole proprietor biz. but i will look into whether LLCs file quarterly next time i write about this topic.

THANKS, and WELCOME!

]]> By: melissa http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1614 melissa Thu, 25 Jan 2007 15:00:13 +0000 http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1614 my business is an LLC (limited liability corporation), and we only pay income taxes once per year on April 15th. I have an account prepare everything, so I know for a fact he doesn't file quarterly for us. my business is an LLC (limited liability corporation), and we only pay income taxes once per year on April 15th. I have an account prepare everything, so I know for a fact he doesn’t file quarterly for us.

]]> By: Michelle Goodman http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1299 Michelle Goodman Fri, 19 Jan 2007 22:11:49 +0000 http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1299 thx, chica thx, chica

]]> By: Down and Out http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1297 Down and Out Fri, 19 Jan 2007 21:33:39 +0000 http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1297 Hey--glad this info will be archived on your site. I like the Q & A format here, too... xoxo t Hey–glad this info will be archived on your site. I like the Q & A format here, too…
xoxo
t

]]> By: Michelle Goodman http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1171 Michelle Goodman Wed, 17 Jan 2007 22:16:21 +0000 http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1171 hey RF, the date it had to be postmarked by to be considered on time was yesterday, 1/16, so you can still pay, but here's what the IRS has to say about it: "If you do not pay enough by the due date of each payment period you may be charged a penalty even if you are due a refund when you file your tax return." (from this page: http://www.irs.gov/businesses/small/article/0,,id=110413,00.html) i am not qualified to give you actual accounting advice because, you know, i am no CPA. but if it was me, i would either call my accountant to ask what s/he thinks you should do (given how much you've earned and how much you've paid so far this year, etc.), or send a check in today and hope that one day late is better than three months late. maybe calling that accountant or looking up H&R Block (if you don't have an accountant) can shed some light on this, too. oh, and lookie! you also can pay electronically: http://www.irs.gov/efile/article/0,,id=98005,00.html (isn't the IRS so nice to make it that much easier for you to fork over your money?!) hey RF, the date it had to be postmarked by to be considered on time was yesterday, 1/16, so you can still pay, but here’s what the IRS has to say about it:

“If you do not pay enough by the due date of each payment period you may be charged a penalty even if you are due a refund when you file your tax return.”

(from this page: http://www.irs.gov/businesses/small/article/0,,id=110413,00.html)

i am not qualified to give you actual accounting advice because, you know, i am no CPA. but if it was me, i would either call my accountant to ask what s/he thinks you should do (given how much you’ve earned and how much you’ve paid so far this year, etc.), or send a check in today and hope that one day late is better than three months late. maybe calling that accountant or looking up H&R Block (if you don’t have an accountant) can shed some light on this, too.

oh, and lookie! you also can pay electronically: http://www.irs.gov/efile/article/0,,id=98005,00.html

(isn’t the IRS so nice to make it that much easier for you to fork over your money?!)

]]> By: Recently Freelance http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1169 Recently Freelance Wed, 17 Jan 2007 22:04:17 +0000 http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1169 So, I forgot to send my check. It is too late to do it today? So, I forgot to send my check. It is too late to do it today?

]]> By: Michelle Goodman http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1158 Michelle Goodman Wed, 17 Jan 2007 19:16:39 +0000 http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1158 hey, JM, uh oh. check in with your CPA. if you the bulk of your income comes from a client who DOES take out taxes, you're probably fine. if not, it's possible your CPA didn't know your income is only coming from clients who DON'T take taxes out of your checks, in which case you must get her/him up to speed on everything asap, so s/he can help you fix it. good luck! oh, and if it makes you feel any better, i maaaaaay have skipped a couple quarterly payments this year, so buried was i in my book writing. (oops.) i had to send out a fat check yesterdayto attempt to make up for it! ouch. and yeah, no telling what the penalties will be, if any. i will find out while i file my 2006 return. hey, JM, uh oh. check in with your CPA. if you the bulk of your income comes from a client who DOES take out taxes, you’re probably fine. if not, it’s possible your CPA didn’t know your income is only coming from clients who DON’T take taxes out of your checks, in which case you must get her/him up to speed on everything asap, so s/he can help you fix it. good luck!

oh, and if it makes you feel any better, i maaaaaay have skipped a couple quarterly payments this year, so buried was i in my book writing. (oops.) i had to send out a fat check yesterdayto attempt to make up for it! ouch. and yeah, no telling what the penalties will be, if any. i will find out while i file my 2006 return.

]]> By: job-mom http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1157 job-mom Wed, 17 Jan 2007 19:09:07 +0000 http://www.anti9to5guide.com/2007/01/16/tax-day-take-two/#comment-1157 oye. my cpa hasn't had me to this as a freelancer and now i'm officialy worried. thanks for adding this Q&A! oye. my cpa hasn’t had me to this as a freelancer and now i’m officialy worried. thanks for adding this Q&A!

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