Quarterly Estimated Taxes, and How They Actually Work
The quarters are not quarters, the deadlines are not evenly spaced, and the penalty is for paying late rather than for paying too little. Worth understanding once.
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The quarters are not quarters, the deadlines are not evenly spaced, and the penalty is for paying late rather than for paying too little. Worth understanding once.
The single most common cash-flow failure in a small business is not overspending. It is spending money that was never yours, because nothing about it looked different from the money that was.
Almost nobody keeps a mileage log during the year. They reconstruct one in April from memory and a calendar, and they underclaim - because a reconstruction is always conservative and always incomplete.
Occasional notes on running a small business without a back office — what the numbers actually say, and what to do about them. No schedule, no filler.