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0:26
YouTube
MyLearningCentre
Forgetting to Pay Estimated Taxes? IRS Adds #Penalties #AuditAlert
If you’re self-employed and skip quarterly estimated payments, the IRS flags you for late tax liability. You’ll owe penalties and interest from day one. Repeated missed payments suggest poor financial control or intentional underreporting. Both attract audits. Set reminders or automate your quarterly payments. Discipline prevents disaster ...
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