Quote:
Originally posted by Greenguy
I could be mistaken, but here in the US, if you don't pay quarterly, thus sending the gov't NO money until tax day, they fine you because you are supposed to pay in as much as you did the previous year.
For whatever reason, I'm always short on my quarterly estimates and I get fined a couple bucks every year because of this
|
If you solely own an unincorporated business then you are required to pay income taxes each quarter.