Quarterly Estimated Taxes - Why You SHOULDN'T Pay!
What are estimated quarterly taxes? Basically taxes that you estimate for the current year and pay throughout the current year each quarter.
Are there some scenarios where you shouldn’t pay those taxes? Possibly. Sometimes, it might be more valuable to you to save that money and pay your taxes off once you prepare your tax return the following year. Sometimes, it’s more valuable to have that cash in hand for longer.
#IRS #Estimatedtaxes
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This video is for entertainment purposes only. The information portrayed in this video should not be considered as tax or legal advice. Consult with your own tax professional and attorney to get proper advice for yourself.
Видео Quarterly Estimated Taxes - Why You SHOULDN'T Pay! канала Nguyen CPAs
Are there some scenarios where you shouldn’t pay those taxes? Possibly. Sometimes, it might be more valuable to you to save that money and pay your taxes off once you prepare your tax return the following year. Sometimes, it’s more valuable to have that cash in hand for longer.
#IRS #Estimatedtaxes
Check out our other videos related to personal finances and tax, as well as business finances and tax.
If you enjoy our content and want to support us, donate through Venmo @nguyencpas
If you want more live Q&As or one on one chats to get specific questions answered, check out our Patreon page:
https://www.patreon.com/nguyencpas
Our Website:
www.nguyencpas.com
Join our Facebook group for more active updates:
https://www.facebook.com/groups/nguyencpalounge
Budgeting Playlist:
https://www.youtube.com/playlist?list=PL_NsTNDu5AJeTAKuYVg9YLU6LpsX-L4J8
Winning in Business Playlist:
https://www.youtube.com/playlist?list=PL_NsTNDu5AJdesDOy7yvagXRugo1_bJpT
Tax Playlist:
https://www.youtube.com/playlist?list=PL_NsTNDu5AJeRUVN47zXbNsgpmCrkChAr
PPP Playlist:
https://www.youtube.com/playlist?list=PL_NsTNDu5AJfIvbNI6pqiCNN6Xx-GMAmV
EIDL Playlist:
https://www.youtube.com/playlist?list=PL_NsTNDu5AJe7GgKLSPl8TgwoLJygX_lh
COVID-19 Playlist:
https://www.youtube.com/playlist?list=PL_NsTNDu5AJd0-oafYxfqXBmZk9EmSiwF
This video is for entertainment purposes only. The information portrayed in this video should not be considered as tax or legal advice. Consult with your own tax professional and attorney to get proper advice for yourself.
Видео Quarterly Estimated Taxes - Why You SHOULDN'T Pay! канала Nguyen CPAs
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