I’ve got quarterly taxes due soon. Turns out that I need to have saved a bit more than I did, but we’ll have our stuff taken care of by April 15th and our future withholding (I’m self employed, so the withholding is self-inflicted). Since getting my finances in order earlier this year I’ve learned a lot about where my taxes should be. However, we’re recovering from earlier mistakes in the year and so more taxes are due.
What things do you do to help manage your taxes?
Do you have an accountant who helps you maximize tax savings?
What strategy do you take for yearly or quarterly tax payment?
Do you take deductions if you’re not self-employed?