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You are replying to this message: | | Posted by Linda_H/FL on 2/21/21 4:37pm
making quarterly estimated tax payments - back in the day in CT we had an account set up at a bank and I used to make quarterly deposits to it to pay the taxes. I believe that was the quarterly payroll tax.
Smaller businesses with little/low tax liability and no employees can handle it differently....but if your year-end payment owed is over a certain amount they'll make you make quarterly payments on your "estimated" income for the next year. |
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