If you are a business owner, entrepreneur, self-employed individual, or 1099 contractor, you may be required to pay both federal and state quarterly estimates on your income.
Calculating your quarterly estimates can be a complicated process and underpaying your required estimates may result in underpayment penalties and interest at both the federal and state level.
We help our clients with their quarterly estimates so that they stay compliant with applicable taxing authorities and avoid any penalties or interest.