Estimated Taxes Due This Week

If you are a US taxpayer who pays quarterly estimated taxes, don’t forget that the due date is coming up.  There are many domain investors in the US who operate small businesses and need to make  these quarterly payments, so here is your reminder.

The IRS website lists an  exception for not paying fourth quarter estimated taxes: “You do not have to make the payment due January 15,  2015, if you file your 2014 tax return by February 2, 2015,  and pay the entire balance due with your return.”

Technically, the estimated taxes can be postmarked by the due date, but I tend to send them in a bit earlier just in case.

For more information  about United States federal taxes and estimated taxes, you can learn more about them on the  IRS website  (pdf). Personally, I recommend using an accountant for taxes, but that is your call.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

How Much Overlap on AI Domain Name Creation?

1
I sold a two word .com domain name for $4,999 via Afternic last night. The domain name consists of a noun and a verb,...

Atom Pay Offers $10 Transaction Fee Through 2025

0
Atom.com introduced one of the better Black Friday deals I've seen offered. The platform is allowing customers to transact with its Atom Pay service...

GoDaddy’s Paul Nicks Retires

3
Paul Nicks is a longtime GoDaddy employee of 18+ years, has announced his retirement from the company. Paul previously served as President of the...

Outbound Sales? Look for a Trade Organization

1
I don't think successful outbound domain name sales is easy. In fact, it can be pretty demoralizing depending on the response to your outbound...

Redeem That GoDaddy Monthly Auction Credit

1
GoDaddy recently announced a new benefit to its Domain Pro program. Domain Pro members receive a monthly $20 auction credit that can be used...