I pay my taxes once a year and last year I was penalized for underpayments I think they’re trying to get me to shift to quarterly payments which I really do not want to do, I’m very busy and I don’t have time every 3 months to sit out and do taxes... that said if they’re trying to force people into paying quarterly they’re also going to try to force people into underpayments so that they get a little extra on the side with that new 8%.
“I don’t have time every 3 months to sit out and do taxes.”
It’s NOT every 3 months.
It’s 3 months, 2 months, 3 months, 4 months.
In a change of CPAs, I may have overstated my income last year. A neighbor says I can’t change or adjust it.