Comments on: Estimated Taxes For The Self Employed And How To Avoid Them http://www.personalfinancestartup.com/2008/09/26/estimated-taxes-for-the-self-employed-and-how-to-avoid-them/ A personal finance blog of a young adult's journey from entry-level to financial independence Wed, 10 Mar 2010 15:09:04 -0800 http://wordpress.org/?v=2.8 hourly 1 By: Ned Carey http://www.personalfinancestartup.com/2008/09/26/estimated-taxes-for-the-self-employed-and-how-to-avoid-them/comment-page-1/#comment-40 Ned Carey Sat, 27 Sep 2008 05:04:54 +0000 http://pfstartupblog.wordpress.com/?p=253#comment-40 I have missed some estimated tax payments or been a little late and my accountant just figures in the penalty when I pay on the 15th. One thing you need to be careful of however, if you pay estimated based on last years taxes and you have a significant increase, you need to make sure you have enough money on the 15th. If you haven't put money aside you may be stuck come tax time the following year. I have missed some estimated tax payments or been a little late and my accountant just figures in the penalty when I pay on the 15th.

One thing you need to be careful of however, if you pay estimated based on last years taxes and you have a significant increase, you need to make sure you have enough money on the 15th. If you haven’t put money aside you may be stuck come tax time the following year.

]]>