Quarter 3 Estimated Taxes Due Sept 15
Every quarter I send a reminder email about estimated taxes. Although you may have withholding on your paycheck, the withholding may not be sufficient to avoid a penalty for underpayment of estimated tax.
As a reminder Q3 estimated taxes are due Sept 15 (technically the 16th since the 15th is a Sunday). If you need assistance with a tax projection or help with calculating estimated taxes, please contact me.
Q3 deadline applies to individuals, corporations, trusts and private foundations.
In June, the Wall Street Journal wrote an article about a recent quadrupling of estimated-tax penalties due to higher interest rates and ways to avoid them.
For my comments in the Wall Street Journal see