Getting Ahead of Estimated Taxes: Start with Safe Harbor
You know that moment when you say to yourself, “I know I need to do something about estimated taxes, but I have no idea what!?” That moment is often followed by a moment of panic about the IRS knocking on your door and not being able to pay your taxes.
Estimated taxes are the solution to that moment.
As simple as that solution is to say, it’s more complicated to implement. It’s easy to ignore them. They’re hard to calculate. And if you’re a small business owner, knowing how much to pay at any given moment has a whole new meaning as income and expenses fluctuate. You’re left asking: . "How much do I need to pay for estimated taxes?."
That question - how much and when to pay estimated taxes - is one of the most common questions Aneisha gets from bookkeeping clients.
It’s also one of the top questions new clients come to Megan with.
During this session, we’ll show you the information you need to get started understanding your estimated tax payments. You’ll walk away with a tool to help you calculate what you might need to pay into the IRS and when. All of this with the help of a tax professional about giving you the context to get started and showing you how to do it, with help from a tax professional.
Aneisha (bookkeeping & systems) and Megan (Enrolled Agent and Licensed Tax Consultant) will cover:
What Safe Harbor estimated payments are
What information you need to calculate them
How to store that information so it's easy to find when it's time to calculate
How to actually run the calculation
Bonus: you’ll get a template to help you calculate your federal Safe Harbor Estimated Taxes
A note
This is a 2-part series. Session 1 will have a replay. Session 2’s replay will not be the full Webinar as we’ll focus on providing live examples in October.
We recommend you attend Session 1 (or watch the replay) to fully benefit from Session 2. Session 2 (October) will cover how to know when Safe Harbor isn't the right fit and your options. We encourage you to bring your information to Session 2 where we’ll calculate the applicability of Safe Harbor to your numbers. Because this session will focus more on you and your numbers, you will gain the most benefit by attending live.
By registering for this event, you'll be added to our email newsletters. You can unsubscribe anytime.
How to Join Event
✅ In the event email, click the "Click here to join the meeting". This will take you to the Google Meet to join the meeting.
🚩The grey "Visit Luma" button will take you to the event page again, not the call.