Final Installment of 2021 Estimated Tax

Today is the due date for the fourth installment of federal estimated taxes for 2021 (state estimated taxes may also be due) for individuals, although there are extended deadlines for victims of certain disasters. Self-employed high earners should take into account the 0.9% additional Medicare tax. Pay estimated taxes by check, credit/debit card, direct transfer from a bank account, or through EFTPS Online.  #IdeaoftheDay

Be sure to check out today’s new blog post!