 Hope everyone is enjoying your summer and staying healthy.. This is our friendly reminder that 2nd quarter estimates will be due on June 15, 2022. Federal and state estimates are required for Schedule C filers, c-corporations and on pass-through entities such as S-corporations or partnerships since the tax structure is a pay-as-you-go system. Estimates may also be required if you have had any substantial taxable transactions where tax was not withheld i.e. stock sales with gains, unemployment payments or sale of capital assets. To ensure that we will meet and comply with these regulations, please take a moment to review your income and expenses for this year-to-date to determine if a payment is due and to see if you have had any unusual circumstances during the year that may require estimated payments. Please contact us if you have not received your Vouchers from us for 2022 if we have already completed your taxes. We appreciate your continued support and look towards future success. Regards, Twila Wilt CPA |
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