Official Payments - Pay State Estimated Quarterly Taxes

Official Payments makes it easy to pay state estimated quarterly taxes using your favorite debit or credit card. It's fast, easy & secure, and your payment is processed immediately. You may even earn rewards points from your card. There's nothing better than...

Read more


Website: officialpayments.com

Related topics : pay quarterly estimated taxes with credit card / make quarterly estimated tax payments / corporate quarterly estimated tax payments / state estimated tax payments / pay estimated state taxes

Override Estimated Tax Voucher Payment Amounts ...

How to override estimated tax payments to reflect other amounts on vouchers and the letter.

To Override Estimated Tax Payments in Lacerte:

On the Detail Tab, select Payments & Penalties.

Click on Screen 7, 20XX�Estimates.

Select 20XX Estimated Tax (1040-ES).

For Business Returns:

On the�Detail�Tab, select�Payments &...

Read more


Website: https://accountants-community.intuit.com

Related topics : estimated tax payment vouchers 2016 / estimated tax payment vouchers 2015 / estimated tax payment voucher 2014 / estimated tax payment voucher / corporate quarterly estimated tax payments

Individual Income Tax Payment Options | Virginia Tax

Estimated Tax Payment Options

Use the following options to make estimated tax payments. For more information about filing requirements and how to estimate your taxes, see Individual Estimated Tax Payments . 

Online, directly from your bank account (free)

Log in  to your online services account and choose Estimated tax payment (760ES). Using your account, you can:

schedule all 4 quarterly payments in advance,

save your banking information,

view your account history, and

receive confirmation that we've accepted your payment.

Don't have an account?  Enroll now . You'll need a copy of your most recently filed...

Read more

Date: 2018-04-05 18:32:48
Website: https://www.tax.virginia.gov

New York Electronic Payment Mandate for Corporate Taxpayers

New York Electronic Payment Mandate for Corporate Taxpayers

The State of New York has recently enacted legislation which requires certain�corporations to make their tax payments electronically. The law will be applicable to any�tax payments made on or after December 1, 2011 and includes tax paid with corporate�tax returns, extension requests and estimated tax payments. For many calendar year�corporations, the 4th quarter 2011 estimated tax payment due on December 15, 2011�will be the first tax payment subject to this requirement. You can make your payment�electronically through the New York...

Read more


Website: http://www.wgcpas.com

NY State General Business Corporation Franchise Tax Form CT-3

Form CT-400, Estimated Tax for Corporations

Pay estimated tax: If your corporation reasonably expects to owe more than $1,000 in franchise tax after credits, you must file Form CT-400, Estimated Tax for Corporations , and make quarterly payments of all estimated tax due. You may be subject to penalties�if you do not file a declaration of estimated tax or do not timely pay the entire installment payment of estimated tax. For complete details, see Form CT-222, Underpayment of Estimated Tax by a Corporation .

Do not file a New York S corporation return�unless you have filed Form CT-6, Election by a Federal S...

Read more


Website: tax.ny.gov

2018 Tax Due Dates - CPA for Freelancers

Delaware LLC tax filings are due.

June 15, 2018

Second quarter 2017 estimated tax payments are due.

Personal and Single Member LLC Income tax returns for US Citizens and Residents Aliens living outside the United States are due.

June 20, 2018

New York State Sales Tax Returns for Quarterly Filers for March 1, 2018 - May 31, 2018 are due.

August 15, 2018

Nevada commerce tax is due.

Sept. 17, 2018

Third quarter 2018 estimated tax payments are due.

C-Corporation Tax Returns on extension are due.

S-Corporation Tax Returns on extension are...

Read more


Website: https://www.cpaforfreelancers.com

2017 Tax Filing Dates for Corporation Tax, Personal Income ...

Sales Tax Return for Quarterly Filers Due

Note: For New York C Corporation fiscal year filers, the returns are due 3 and 1/2 months after the end of the fiscal year. For New York S Corporation fiscal year filers, the returns are due 2 and 1/2 months after the end of the fiscal year.

For New York C Corporation fiscal year filers, the Mandatory First Installment (MFI) of estimated tax is due, with...

Read more


Website: tax.ny.gov

Form 1040-ES Estimated Payments Knowledgebase

Form 1040-ES Estimated Payments

Estimated Tax Payments are required advanced payments of current tax liability based either on wage withholdings or installment payments of a taxpayer's estimated tax liability.� To avoid penalties, a taxpayer generally must pay to the IRS either 90% of their final tax liability, or either 100% or 110% of the prior year's tax liability, depending on their...

Read more


Website: https://www.taxslayerpro.com

Estimated Tax Payments & Tax Payment Penalties | E-file.com

Sign Up Free

Navigate Making Estimated Tax Payments

Though our formal tax day comes just once a year, the U.S. tax system requires some people and businesses to pay estimated tax payments based on the idea that people or businesses earning income should make an informed guess about how much tax they owe and pay the IRS that amount. Underpaying taxes can result in a tax payment penalty, but...

Read more


Website: https://www.e-file.com

Filing Corporation Estimated Tax | Minnesota Tax Attorney

For the tax-year ending date, enter the ending date of the tax year for which the estimated tax payments are being made. The same date is used for all four quarterly payments. For example, if your tax year ends on Dec....

Read more


Website: https://jux.law

Related topics : filing dates for quarterly estimated tax payments / estimated tax payment dates for corporations / quarterly estimated tax payment dates / estimated tax payment dates 2012 / estimated income tax payments dates

Estimated Tax Penalty - Individuals | otr

Estimated Tax Penalty - Individuals

In 2005 the Office of Tax and Revenue (OTR) began to automatically charge a penalty for underpayment of estimated tax by any person, financial institution or business. This change took effect January 1, 2005, for tax year 2004 returns.

OTR will charge 10 percent interest, compounded daily, on any underpayment of estimated taxes. In the past, auditors manually...

Read more

Date: 2018-04-05 19:18:10
Website: https://otr.cfo.dc.gov

Do You File Business Tax Returns Quarterly or Annually ...

Have you started a small business and need to know when to file your tax returns? Perhaps you've heard about filing quarterly returns and are wondering if that requirement applies to you? Read on to get answers to these important questions.

Annual Income Tax Returns. All small businesses must file a return annually. Generally speaking, if your business has a calendar year-end, you must file one...

Read more


Website: https://www.businessmanagementdaily.com

How to Calculate and Pay Estimated Quarterly Taxes — Bench

How to Pay Estimated Quarterly Taxes

Once you've got the rest of this down, submitting your payment to the IRS is a breeze: just fill out form 1040-ES and mail it along with a check to the IRS office closest to you.

Alternatively, you can pay online or by phone via the IRS Payments Gateway .

For corporations, payments must be filed through the Electronic Federal Tax Payment System .

The Pain of...

Read more


Website: https://bench.co

Estimated Tax Payments Due Dates 2018 Forms ES 2017 Form ...

2018 Form 1040-ES

Feb 28, 2018 ... File your 2018 Form 1040 by March 1, 2019, and pay the total tax due. In this case, 2018 estimated tax payments aren't required to avoid a penalty. Fiscal year taxpayers. You are on a fiscal year if your. 12-month tax period ends on any day except December. 31. Due dates for fiscal year taxpayers are the ...

2018 Federal Quarterly Estimated Tax Payments |...

Read more


Website: http://arewhich.org

Filing a Tax Return in Texas

Tax Refund

Filing a Tax Return

Tax return is a form that is filed by all individuals with the minimum set income level as well as corporations, estates, trusts and partnerships and so on. On the federal level they are directed to the Internal Revenue Service (IRS), on the state level - to appropriate state authorities. Tax returns are prepared using the forms of IRS.

Forms

There is a number of...

Read more


Website: http://www.texastax.com

When are Quarterly Taxes Due: Dates to Circle in Red

Quarterly estimated tax due dates:

The United States has a pay-as-you-go income tax system. Since you don't have an employer submitting tax on your behalf each pay period, the IRS (and mostly likely your state's department of revenue) wants a quarterly payment from you. These are the quarterly estimated tax payment due dates for 2018:

April 17, 2018: Not only is this the income tax due date, it's...

Read more


Website: https://squareup.com

Estimated Business Taxes and Prepayments - California

Board of Equalization

Sales and Use Tax Quarterly Prepayments

When you obtain your seller's permit, you will be instructed to file your sales and use tax return on a monthly, quarterly, annual, or quarterly prepayment basis (the determination is based on the volume of sales expected for your business).

Businesses with average taxable sales of $17,000 or more...

Read more


Website: http://www.taxes.ca.gov

Pay Q4 State, Local Taxes Now to Lock in 2017 Deduction ...

Year-End Tax Strategy: Pay Fourth Quarter Estimated State and Local Taxes Now to Lock in 2017 Deduction

Filed Under: Working Capital Blog | No Comments »

Tax reform legislation is on track for passage before the end of this year, significantly transforming the U.S. tax code. One of the key aspects of the current legislation is capping the state and local income tax, sales tax in lieu of income...

Read more


Website: http://www.rklcpa.com

Corporate Income Tax - Illinois Department of Revenue

35 ILCS 5/101 to 5/1701

Definition

The Illinois Income Tax is imposed on every corporation earning or receiving income in Illinois. The tax is calculated by multiplying net income by a flat rate. The Illinois Income Tax is based, to a large extent, on the federal income tax code.

Tax rate

Use the Tax Rate Database to determine the income and replacement tax rates.

Tax base

The starting point for...

Read more


Website: http://www.revenue.state.il.us

How to Know If You Have to Pay Quarterly Taxes | QuickBooks

Do You Have to Pay Quarterly Taxes?

3 min read

Try QuickBooks Free

If your employer withholds money each week from your paycheck, then you likely don't have to think about making quarterly tax payments. However, for those of us who are self-employed or receive income in the form of interests, dividends, rent, alimony, gains from the sale of assets, prizes or awards, it may be necessary to make...

Read more


Website: https://quickbooks.intuit.com

Do You Need to File Quarterly Tax Payments? - Block Advisors

With so much attention on Tax Day, other tax deadlines are easily overlooked. Believe it or not, your income tax is a pay-as-you-go system for qualifying individuals or businesses. In fact, if you are a sole proprietor or have other types of taxable income such as capital gain, you may need to file quarterly estimated payments in order to avoid an IRS penalty.

Who Should Pay Quarterly Tax...

Read more


Website: https://web.blockadvisors.com

Do Lyft and Uber Drivers Pay Taxes? - Rideshare Dashboard

Do Lyft and Uber Drivers Pay Taxes?

Do Lyft and Uber Drivers Pay Taxes?

October 23, 2014

[For additional tax resources, check out my newly launched  online course for Uber, Lyft and Sidecar Taxes! ]

As a self employed employee, you are responsible for your own taxes. Lyft and Uber pays you your full wage and its up to the driver to pay their own taxes.

The Internal Revenue Service (IRS) requires...

Read more

Date: 2018-04-05 17:10:25
Website: http://ridesharedashboard.com

Tax Due Dates | LOFTUS ASSOCIATES, LLC, New Jersey

Thursday, March 1 Farmers and fishermen: File Form 1040 and pay any tax due. However, you have until Apr 17 to file if you paid your 2017 estimated tax payments by Jan 16.

Thursday, March 15 S Corps: File Form 1120S for calendar year & pay any tax due. Furnish copy of Sch. K-1 to each shareholder. For automatic 6-month extension, file Form 7004 & deposit estimated tax. File Form 2553 to elect S...

Read more


Website: https://loftustax.com

How do I make quarterly tax deposits for ... - LLCs Explained

For example, if a multiple member LLC earns $80,000 in profit but splits this income between two equal partners, each partner reports $40,000 of income on his or her tax return.

If the partner owes $10,000 in self-employment and income taxes (again, probably a good guess), he or she should pay $2,500 a quarter in estimated tax payments. The process for a partner works like the process for a sole...

Read more


Website: http://www.llcsexplained.com

Reporting Your Taxes

If you are going to be in business, you'll want to know what types of business taxes may apply, including:

State and Federal Income Tax

This is a tax on you and/or your business's net income. If your business entity is a sole proprietorship, or you have a net profit reported on your individual income tax return from a partnership or S corporation, you pay any...

Read more


Website: http://www.taxes.ca.gov

Estimated Quarterly Tax Payments: IRS 1040-ES Guide & Dates

Estimated IRS Taxes

IRS Estimated Quarterly Tax Payments: 1040-ES Guide & Dates

The IRS requires some taxpayers to make estimated quarterly tax payments. Staying on top of your quarterly payments will help ensure you pay no unnecessary penalties at the end of the year for underpayment. Here's a look at who needs to make these payments, how to figure out what how much to pay, various options to...

Read more


Website: http://www.taxdebthelp.com

C Corporation | California Franchise Tax Board

Contact Us

C Corporation

A corporation is an entity formed under state civil law that is a separate legal entity owned by shareholders. A corporation is generally taxed under Internal Revenue Code, Subtitle A, Chapter 1, Subchapter C, unless it elects to be taxed under Subchapter S. Corporations taxed under Subchapter C (C corporations) are taxed annually on their earnings, and...

Read more


Website: ftb.ca.gov

The Advantages of Paying Estimated Taxes | Finance - Zacks

The Advantages of Paying Estimated Taxes

Some individuals must pay taxes before the April 15 deadline.

Form 1040 Tax Forms image by Viola Joyner from Fotolia.com

More Articles

�3. How to Set Up a Quarterly Estimated Tax Deduction From My Account

We all prefer to pay later rather than earlier, especially if the money is going to the taxman. However, many filers are obligated to make estimated...

Read more


Website: https://finance.zacks.com

e-Services for Businesses - Illinois Department of Revenue

e-Services for Businesses

MyTax Illinois

MyTax Illinois is a centralized location on our website where taxpayers may register a new business or electronically file tax returns, make payments, and manage their tax accounts.

Services provided by MyTax Illinois:

Apply for or Renew a Sales Tax Exemption

File & Pay Use Tax (ST-44) - Should only be used by businesses that are not required to register...

Read more


Website: http://www.revenue.state.il.us

Indiana Code 6-3-4-4.1 Version b. Estimated payments ...

Current as of: 2016 | Check for updates | Other versions

Note: This version of section effective 1-1-2017. See also preceding version of this section, effective until 1-1-2017. Sec. 4.1. (a) Any individual required by the Internal Revenue Code to file estimated tax returns and to make payments on account of such estimated tax shall file estimated tax returns and make payments of the tax...

Read more


Website: https://www.lawserver.com

U.S. Self Employment Income - Self Employment Tax

Sole Proprietors' self employment income (net earnings) are subject to self employment tax and must make quarterly estimated tax payments. You are NOT an employee which means you take a draw. Incorporating doesn't make sense for everyone, especially if the corporation will be under capitalized.

S-Corp distributions to shareholders (not to be confused with payroll earnings) are NOT subject to...

Read more


Website: http://www.bookkeeping-essentials.com

Corporation Tax - Quarterly Instalment Payments (QIPs ...

Corporation Tax - Quarterly Instalment Payments (QIPs)

Corporation Tax - Quarterly Instalment...

Read more


Website: http://www.throgmorton.co.uk

DOR: Tax Filing Deadlines - Indiana

Current: Tax Filing Deadlines

Tax Filing Deadlines

Listed below are tax filing deadlines for each month, some may fall on a Holiday or Saturday or Sunday. In that case it will be need to be postmarked on the next business day.

Deadlines by month:

Notice: If the due date shown falls on a weekend, federal or state holiday, the payment is due on the next business day.

Date

Gasoline Use Tax (Second...

Read more


Website: in.gov

DOR: Tax Filing Deadlines - Indiana

Current: Tax Filing Deadlines

Tax Filing Deadlines

Listed below are tax filing deadlines for each month, some may fall on a Holiday or Saturday or Sunday. In that case it will be need to be postmarked on the next business day.

Deadlines by month:

Notice: If the due date shown falls on a weekend, federal or state holiday, the payment is due on the next business day.

Date

Gasoline Use Tax (Second...

Read more


Website: in.gov

Income Tax - City of Parma Heights, Ohio

Please note: CCA offices will be closed on Friday, March 30, 2018.� �

� �

Email Us: (Please allow up to two business days for responses to emails.)

Please contact our office for questions about:

Individual Income Tax�

Net Profit or Corporate Tax

�CorporateTax@city.cleveland.oh.us

�CCASupport@city.cleveland.oh.us

� ����

The City of Parma Heights prides itself�on customer...

Read more


Website: http://www.parmaheightsoh.gov

Estimated Tax Payments: Your Questions Answered - Small ...

Email this Article Print This Article

Estimated income tax payments are a fact of life for most of us who run our own businesses.

Unlike those who are employed and receive paychecks where taxes are withheld by the employer, most business owners and the self-employed will be required to periodically send an amount called "estimated tax payments" to the IRS. You may also have to send estimated tax...

Read more


Website: https://smallbiztrends.com

Tax withholding in the United States - Wikipedia

Tax withholding in the United States

From Wikipedia, the free encyclopedia

Three key types of withholding tax are imposed at various levels in the United States:

Wage withholding taxes, [1]

Withholding tax on payments to foreign persons, and

Backup withholding on dividends and interest.

The amount of tax withheld is based on the amount of payment subject to tax. Withholding of tax on wages...

Read more

Date: 2018-04-03 05:21:36
Website: https://en.wikipedia.org

Consultant's Corner: Paying the Members of an LLC - GoSmallBiz

Question: Can a three member LLC, being taxed as a partnership, place the three members on a payroll service with other employees of the company?

The members of an LLC taxed as a partnership cannot take W-2 salaries or wages like employees of the LLC and cannot therefore have their compensation processed through a payroll service. However, they may take salaries in the form of "guaranteed...

Read more


Website: http://gosmallbiz.com

Plan Estimated Tax Payments to Avoid Penalties - BizFilings

Nearly every small business owner will have to make estimated tax payments because estimated taxes are designed to cover income that is not subject to withholding, such as income from your business.

Warning

If you are a higher income taxpayer, then you may need to pay additional estimated tax as a consequence of the 0.9 percent Medicaid surtax on earnings or the 3.8 percent Net Investment Income...

Read more


Website: https://www.bizfilings.com

Key Dates for 2015 American Tax Year - Taxback.com

Key Dates for 2015 American Tax Year

9th Oct 2014 at 00:00

#TaxTipsUSA #TravelTipsUSA

An old joke amongst US accountants is that every month that has a 15th in it holds some kind of tax deadline, but a quick glance at the list below renders it less of a joke and more of an understatement! Here is a concise guide to all the important days in the American tax calendar, the dates they fall on this...

Read more


Website: https://www.taxback.com

Online Sellers Could Benefit by Paying Estimated Taxes Early

by Ina Steiner , Editor of EcommerceBytes.com

Thu Dec 28 2017 16:32:07

By: Ina Steiner

Sponsored Link

Online sellers and freelancers could benefit by paying their state quarterly estimated taxes early. You have 2 days to do your homework.

Thanks to the major Republican tax bill passed right before Christmas, there is a lot of news about the benefits some people could receive if they pay their...

Read more


Website: https://www.ecommercebytes.com

New York Provides Guidance Regarding MCTMT | Deloitte US - Tax

In May 2009, Governor Paterson signed into law the Metropolitan Commuter Transportation Mobility Tax (MCTMT). The MCTMT is a new 0.34 percent tax imposed on the payroll expense of employers and the net earnings of self-employed individuals engaging in business within the Metropolitan Commuter Transportation District (MCTD). The MCTD includes the counties of New York (Manhattan), Bronx, Kings...

Read more


Website: https://www2.deloitte.com

Have You Paid Your California $800 Minimum Franchise Tax ...

APRIL 15TH TAX DEADLINE!!

For those of you who own businesses, please keep in mind there is a very important item that is easily missed during tax time which may cause unnecessary penalties ~ that is the $800 California minimum franchise tax due by April 15, 2014.

WHO IS REQUIRED TO PAY $800?

The following business entities are required to pay the $800 tax:

"C" Corporations

Limited Partnerships (not General Partnerships)

Why do these business entities PAY California Franchise Tax?

Incorporated or organized in California

Qualified or registered to do business in California

Doing...

Read more


Website: https://mariettemartinez.com

Form MA NRCR 2015 Nonresident Composite Return Instructions

Note: This form, and all accompanying schedules, must be filed electronically as required by 830 CMR 62.5A.1(11)(f)4 .

Who Must File

Massachusetts allows a partnership or an S corporation to file an electronic composite return on Form MA NRCR and make estimated tax payments as an agent on behalf of two or more qualified electing nonresident members. (Professional athletic teams who may file a...

Read more


Website: mass.gov

Botswana Taxes Overview | South African Tax Guide

Capital acquisitions tax - No

Real property tax - See under "Other taxes on corporations".

Inheritance/estate tax - Donations, other gratuitous disposals (such as inter vivos gifts) and estates of deceased individuals are subject to capital transfer tax. The rate is graduated up to 5% for individuals.

Net wealth/net worth tax - No

Social security - No

Administration and compliance:

Tax year - The...

Read more


Website: http://www.sataxguide.co.za

Estimated Taxes 2016: Due Dates Chart: A KLR Global Tax ...

December 15th (25%)

What forms report this information?

For individuals, Form 1040ES is where estimated taxes are reported and paid, and for� C corporations, Form 1120W� (generally paid electronically using the Federal EFTPS system)

Do the due dates change periodically?

Not exactly.� The only reason the first estimated tax payment is...

Read more


Website: https://www.kahnlitwin.com

IRS penalties - Wikipedia

12 References

Underestimate and late payment penalties[ edit ]

Taxpayers are required to have withholding of tax or make quarterly estimated tax payments before the end of the tax year. Because accurate estimation requires accurate prediction of the future, taxpayers sometimes underestimate the amount due. The penalty for paying too little estimated tax or having too little tax withheld is...

Read more

Date: 2018-03-20 18:26:20
Website: https://en.wikipedia.org

IRS tax forms - Wikipedia

Main article: Form 1040

Form 1040, U.S. Individual Income Tax Return, is one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for personal (individual) federal income tax returns filed with the IRS. The first Form 1040 was published for use for the tax years 1913, 1914, and 1915. For 1916, Form 1040 was converted to an annual...

Read more

Date: 2018-04-05 08:38:24
Website: https://en.wikipedia.org

How LLC Members Are Taxed | Nolo.com

How LLC Members Are Taxed

LLC owners report business income and losses on their personal tax returns.

Share on Facebook

A limited liability company (LLC) is not a separate tax entity like a corporation ; instead, it is what the IRS calls a "pass-through entity," like a partnership or sole proprietorship . All of the profits and losses of the LLC "pass through" the business to the LLC owners...

Read more


Website: https://www.nolo.com

News Release: Gross Domestic Product

National Income and Product Accounts

Gross Domestic Product: Fourth Quarter and Annual 2017 (Third Estimate)

Corporate Profits: Fourth Quarter and Annual 2017

Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2017 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased...

Read more


Website: https://bea.gov

Related topics : estimated quarterly taxes 2017 / corporate quarterly estimated tax payments / quarterly estimated tax payments 2016 / 2016 federal quarterly estimated tax payments / quarterly tax estimates 2016