Avoid Penalties—Make Your 3rd Estimated Tax Payment by Sept. 15!

If you’re a taxpayer who must make quarterly estimated tax payments, don’t let the next due date sneak up on you. The third estimated payment for 2025 is due Sept. 15. Generally, you’ll need to make estimated payments if you earn taxable income that isn’t subject to withholding or if you expect to owe at least $1,000 when you file. These payments cover not just income tax, but also self-employment tax and more. With the growth of the gig economy, many workers, such as rideshare drivers, are now required to make estimated payments to avoid penalties. Contact us if you’d like more information, or click here: https://bit.ly/4oQadyE