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Info to help gig economy workers stay on top of their tax responsibilities

The gig economy – also called sharing economy or access economy – is a popular way for people to earn income by providing on-demand work, goods or services. Some people take up gig work on a part-time basis, and...

  • June 29, 2023

IRS: Sept. 15 is the deadline for third quarter estimated tax payments

WASHINGTON – The Internal Revenue Service reminds taxpayers who pay estimated taxes that the deadline to submit their third quarter payment is Sept. 15, 2022. Taxpayers not subject to withholding, such as those who are self-employed, investors or retirees,...

  • September 6, 2022

What taxpayers need to know about making 2022 estimated tax payments

By law, everyone must pay tax as they earn income. Generally taxpayers must pay at least 90 percent of their taxes throughout the year through withholding, estimated or additional tax payments or a combination of the two. If they...

  • June 13, 2022

What taxpayers need to know about making 2021 estimated tax payments

Small business owners, self-employed people, and some wage earners should look into whether they should make estimated tax payments this year. Doing so can help them avoid an unexpected tax bill and possibly a penalty when they file next...

  • August 12, 2021