How much do you owe the IRS this quarter? Are you sure?
For estimated tax purposes, the year is divided into four payment periods. Each period has a specific payment due date. If you don’t pay enough tax by the due date of each payment period, you may be charged a penalty even if you’re due a refund when you file your income tax return at the end of the year. We can calculate your quarterly federal and state income tax, so you pay just the right amount of taxes to the government.