Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

7
DBA Estimated Tax
Post Flair (click to view more posts with a particular flair)
Post Body

I just started a business and currently make a few hundred on a good month. I'm still seeding the business with my own money, though it's almost self sustaining.

I know I need to pay quarterly estimated taxes. This has been a source of overwhelming anxiety. I'd like to hire a tax person, but it's not currently in my budget.

My questions:

Can I ignore deductions until the end of the year and just pay an estimated tax each quarter? Or is it better to apply at least some deductions?

Is there someone I can call and ask questions related to taxes and deductions without having to hire them?

I filed a DBA and a few months later decided to change the name and so I'm going to file another. How does that affect the way I pay taxes? Do I pay whatever estimated taxes for the first dba and then once the name change is approved I start paying under the new name? Is there anything I need to keep in mind for this?

Thanks so much!

Author
Account Strength
90%
Account Age
3 years
Verified Email
Yes
Verified Flair
No
Total Karma
5,622
Link Karma
396
Comment Karma
5,206
Profile updated: 42 minutes ago
Posts updated: 1 month ago

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
2 years ago