Quote:
Originally Posted by selena
That is not accurate. The IRS is pretty clear on what makes you fall into the "required" status, and you can be penalized for not doing so or for underpaying.
I personally do 30% quarterly, then in September, my accountant reviews where I am for the year, and advises me on how much to pay from then on. |
Yeah, thanks. I have no problem with this and was planning on doing it, especially since they actually made a point of sending me the material.
What if I only send them like 10% and catch up in the last quarter? I'll still get penalized and it's better to pay more? How do you estimate or is that what you're accountant is for? I don't really want to hire an accountant just yet, although it's been going through my mind. I'm still just an affiliate.