Do FNP have to pay Estimated Taxes?

Why Filing On Time Matters
The IRS isn’t a bully, but ignoring them can lead to dire consequences that feel overwhelming:
Penalties and Interest: Even a small unpaid balance can snowball into something unmanageable with IRS late penalties and interest.
Backup Withholding: The IRS can mandate that clients or employers withhold 24% of your income if you’ve fallen behind.
Stress and Uncertainty: Living under the looming threat of an audit or enforcement action takes a toll on your mental and emotional health.
Filing your taxes on time isn’t just about compliance; it’s about protecting your financial well-being and peace of mind.
A Simple Plan to Stay Ahead
Here’s how you can stay on track, avoid penalties, and take control of your tax situation:
Mark Your Calendar
Estimated tax deadlines come around quarterly, just like clockwork:
April 15
June 15
September 15
January 15 (of the following year)
Need help figuring out your estimated tax, feel free to reach out.
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