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January 30th

Quarterly Tax Payments Explained: How to Avoid IRS Penalties

Making estimated tax payments doesn't have to be overwhelming. In this video, we’ll break down:

  • Why you may need to pay quarterly taxes.
  • How to calculate and schedule payments.
  • Key mistakes to avoid, like underestimating income or missing deadlines.

Plus, you will learn strategies to reduce your tax liability through smart financial planning, like restructuring assets or leveraging a Roth account. Stay ahead of IRS penalties and ensure a seamless tax season!

Key Deadlines:

  1. April 15
  2. June 15
  3. September 15
  4. January 15.

Pro Tip: Work with a financial advisor or CPA to fine-tune your tax plan.

This content was written by Spencer S. Hall CFP®, RLP ®, CKA ®, MBA, MDiv

Spencer is a Certified Financial Planner™ with 14 years in the field of retirement and financial planning. As a second-generation financial advisor at Retirement Planning Services, Spencer brings a wealth of experience and passion to help clients align their wealth with their core values.

Advisory services offered through Retirement Planning Services, LLC.

The information in this article is intended for general educational and informational purposes only, and should not be construed as investment advisory, financial planning, legal, tax, or other professional advice based on your specific situation. Please consult with your professional advisor(s) before taking any action based on its contents.