Final Estimated Payment Due
HAPPY NEW YEAR!!! This is your quarterly reminder that each year you should be making estimated payments to avoid underpayment penalties from the IRS.
At this point you should have either had enough withheld from your paycheck in 2024, or have paid enough in estimated payments to cover what your anticipated tax balance will be. If you have no idea because your income changed, contact us immediately to find out about IRS Safe Harbor rules. These may help you avoid underpayment penalties, but you must act fast because the deadline is approaching quickly.
Jan 15th* - final estimated payment
Contact us today to find out if you’ve prepaid enough to the IRS to avoid underpayment penalties.
Shelley H. Morales is your Hometown Accountant! www.hometownaccountant.com
352-358-1413 (text/call) info@hometownaccountant.com
*For Florida residents (and several other states or parts of ststes) this has been extended to May 1, 2025 due to Hurricanes that occurred in August, September & October 2024.
Kommentare