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.
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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 sold seven figures worth of domain names in the last five years. 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 | Google + | Facebook | Email
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