January 2025 Tax Notes

Yes… it’s time to start thinking about taxes again. Here are some things to think about: Filing Deadlines Tax Checklist Here is a link to my website, for a fairly comprehensive checklist of documents you may find helpful to complete your tax return: Notable documents you may need to provide include: Extensions Some people can’t …

Tax Payments For S Corp Owners

We are expected to pay taxes at the time we earn income, so we need to make tax payments during the year. This avoids penalties for underpayment of estimated taxes, and reduces the chance of being slammed with a huge bill at tax time. To avoid a penalty, you need to pay either 100% of …