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ESTIMATED PAYMENTS

I love giving the IRS lots of money. It means I have made a huge fortune!

—TAXMAMA

Estimated Payments Overview

You’re in business now. Cool, isn’t it? But your safety net is gone. If you’re not on payroll, you don’t get any W-2s. For the first time, you have to make your own tax deposits. Your mind is filled with questions.

•  When do you make them?

•  What forms do you use?

•  Where do you send them?

•  How much should you pay?

•  What’s the big deal if you don’t make the payments?

Not making payments can cost you big-time! That’s one of the two ways to destroy your business and drain your cash flow. (The other way is to ...

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