Please Pay your estimated taxes.
Who Must Pay Estimated Tax:
Individuals, including freelancers, sole proprietors, self-employed, independent contractors, solopreneuers, partners, and S corporation shareholders, generally have to make estimated tax payments if they expect to owe tax of $1,000 or more when their return is filed.
Corporations generally have to make estimated tax payments if they expect to owe tax of $500 or more when their return is filed.
New for 2022
401(k), 403(B) MAX CONTRIBUTION $20,500 IF OVER 50 $27,000
TRADITIONAL IRA (SUBJECT TO INCOME LIMITATIONS)
- Under 50: $6,000
- If over 50: $7,000
ROTH IRA ( SUBJECT TO INCOME LIMITATIONS):
- Under 50: $6,000
- If over 50: $7,000
Lastly, the best way to talk about your personal situation is to make an appointment:
Accepting New Business Clients: Thinking about starting up your own business? Individuals, including freelancers, sole proprietors, self-employed, independent contractors, solopreneuers, partners, and S corporation. Learn about it. Make your appointment today.
