Our tax preparation Early Bird Discount was so popular last year that we decided to offer it again.
Here’s how to earn your 10% discount on our tax preparation services:
- Hire us before December 31, 2023 and receive a 10% discount and, if you qualify, a tax deduction for our tax preparation fees.
A note on tax payments: We have a pay-as-you-go tax system. If you have income from which no income tax is withheld (such as business income), you may be required to make quarterly estimated tax payments. Also, if you don’t have enough income taxes withheld from wages and pensions to cover your tax liability, you may need to make estimated tax payments.
Federal estimated taxes for individuals are paid with Form 1040-ES and are due on April 15, June 15, and September 15 of the tax year involved, and on January 15 of the following year. We strongly urge you to review your tax payments for tax year 2023 to ensure that you are on target to meet all tax payment obligations and can avoid a surprise tax bill when it comes time to file your tax return or file your tax extension.
If you’re not sure of how much you should pay in estimated taxes this year and you don’t want to pay the wrong amount by accident, you can choose to pay 90% of your estimated current year tax bill or 100% (or 110% depending on AGI) of your prior year tax bill. This generally avoids needing to pay an underpayment penalty.