When a US Citizen inherits assets from a deceased person in a foreign country, it can generate various reporting requirements that must be filed timely otherwis...
I'm sorry to hear of your unpleasant audit. I'm reading that no taxes were included when you filed your return for this additional consulting work? You are requ...
Yes, it would be advised to pay one quarterly estimated tax payment for September 15th based on the net earnings from your self employment (gross minus known de...
To follow up on your question about state estimated taxes, it does depend on your state. Some states require quarterly payments when you owe and will penalize y...
It's important to keep in mind the Estimated Tax payment schedule if you believe you will owe more than $1,000 or more on a tax return. There are underpayment a...
