Trying to figure out how to file quarterly taxes can be tough. I get it!
Being your own boss has amazing perks. You set your own hours, create your own rules, and the sky is the limit in how much you earn. But, there’s a downside – you’re also responsible for paying your own taxes.
Since you don’t work for an employer who would take your taxes out of each paycheck, you must send your tax payments to the IRS yourself, quarterly.
It’s a big responsibility, but once you get the hang of paying quarterly taxes, it becomes just another business chore you must handle.
Here’s what you must know.