Quarterly tax rules for small businesses
April 19, 2023
If you earned income as a new startup, young business or as a freelancer, you may need to pay estimated quarterly taxes — taxes paid to the IRS throughout the year on earnings that are not subject to federal tax withholding. This includes self-employment or freelance earnings, or non-wage income you earned on the side such as dividends, realized capital gains or prizes. Check out ways to stay on top of quarterly taxes.