» Estimated Tax Payments

How to Tell If You’re Paying Too Much in Taxes

January 8th, 2026
Most taxpayers assume that if they pay their taxes accurately and on time, they are fulfilling their tax obligations. However, accuracy and compliance are only one part of the equation. The U.S. tax code is extremely complex and contains numerous opp… Read More

How Inflation Adjustments May Affect Your Tax Bracket in 2025

November 5th, 2025
For 2025, the IRS adjusted more than 60 different tax provisions. That includes everything from income brackets to the standard deduction and retirement contribution limits. The government is acknowledging that the cost of living is higher, and you s… Read More

Are There Tax Breaks for Electric Vehicle Owners in the 2025 Tax Year?

July 7th, 2025
Many Ohioans have invested in our nation’s electric and climate-friendly future recently by purchasing an Electric Vehicle (an EV). To help make that future affordable for Americans nationwide, the federal government has stepped up to provide t… Read More

Challenges for Businesses With Ecommerce Sales Tax

November 9th, 2023
Some of us are old enough to remember a time when, if you wanted to buy something, you had to leave your home and go to a store (or order it from a catalog and wait weeks for it to arrive). But for the last few decades, and especially the last few ye… Read More

Employers’ Guide to Payroll Tax

July 25th, 2023
When people think of starting a business, they typically look forward to creating and selling a useful product, providing a needed service, interacting with customers or clients, and creating jobs in their community. No one daydreams about sitting at… Read More

Inflation Tax Adjustments for 2023

June 29th, 2023
Inflation has been an issue for almost all American families in the past couple of years, driving up the cost of everything from food and clothing to energy and automobiles. The country has seen prices rise at the fastest level of growth in forty yea… Read More

What Happens if You Miss a Quarterly Estimated Tax Payment?

April 29th, 2021
If you miss a quarterly estimated tax payment, you may need to pay penalties and interest. Estimated tax payments are due each quarter for federal and state income taxes. Also, they are used to pay self-employment tax. Most people who work as an empl… Read More

Estimated Tax Payments: Do You Owe Quarterly Payments to the IRS or Ohio Department of Taxation?

March 1st, 2019
If you are self-employed, a business owner, or earn other types of income not subject to withholding, you need to complete an estimated tax return and make quarterly payments to the United States Treasury (IRS) and Ohio Department of Taxation. Someti… Read More