Missed an Estimated Tax Payment? Here’s What Happens Next & How to Fix It
Автор: The Accounting Doctor
Загружено: 2025-03-03
Просмотров: 1594
Описание:
If you're self-employed, a freelancer, or a business owner, missing an estimated tax payment can lead to unwanted IRS penalties. But don’t panic—there are steps you can take to minimize the damage and get back on track.
In this video, Krista from The Accounting Doctor breaks down:
What happens when you miss an estimated tax payment
How the IRS calculates penalties and interest
The three-step plan to catch up and avoid future issues
What You Can Do Now:
1️⃣ Pay what you can as soon as possible to reduce penalties
2️⃣ Request penalty relief if you qualify for an IRS waiver
3️⃣ Adjust for next year to avoid repeating the cycle
📌 Don’t wait for the IRS to take action! Call us at (833) TAX-DEBT or visit TheAccountingDoctor.com for expert help in reducing penalties and setting up a plan for next year.
Like, comment, and subscribe for more tax-saving insights. #EstimatedTaxes #IRS #SelfEmployedTaxes #TheAccountingDoctor
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