To calculate your estimated taxes, begin with your total tax liability from the previous year as a baseline. Adjust this amount based on changes in your income and any new tax credits you qualify for.

Many retirees are caught off guard by the taxation of their Social Security benefits. This article delves into the IRS ...

Learn how and when to make an estimated tax payment in 2025 — plus find out whether you need to worry about them in the first place. Many, or all, of the products featured on this page are from ...

See the 2025 estimated tax deadlines for individuals, including key dates and information to help you avoid missing a payment — and the penalties that go with it.

Downloading your IRS Account Transcript is a great, free way to confirm how much you (or your clients) paid to the IRS for quarterly estimated taxes -- and to make sure your tax preparer credits ...

If you're self-employed or earn other non-wage income, you may owe estimated taxes every quarter. CNBC Select explains how it works and when payments are due.

“The effective tax rate is useful in planning and estimating the amount of taxes you need to withhold from your paycheck or pay through estimated taxes,” says Tracie L. Miller, a CPA and ...

CalculatingCalculating tax if your income is subject to backup withholding. If your income from a W-9 arrangement is subject to backup withholding, the current flat rate set by the IRS is 28%.

Taxes can often feel overwhelming, but they don’t have to be, especially when there’s an option for a state tax extension. If ...

Learn how to calculate payroll taxes in these easy steps. Follow our guide for accurate tax deductions, tips, and tools to simplify payroll processing. Calculating your employees’ gross pay is ...

How to reduce taxes on your Social Security benefits. If you're looking to minimize the taxes on your Social Security benefits, there are several strategies you can consider: ...