» Estimated Tax Payments

Challenges for Businesses With Ecommerce Sales Tax

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

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

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?

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?

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