💡 Get to know the Safe Harbor option from the IRS --

this gives taxpayers the assurance that if they pay a certain amount of money via quarterly estimates, they will not owe any interest or penalties at year-end, even if they underpay their tax liability. There are two options: paying 90% of their current year's actual tax liability or paying 100% of their previous year's tax liability.

📈🗣️🔑 #IRS #SafeHarbor #Taxes #Interest&Penalties #QuarterlyEstimates #TaxLiabilty