How to calculate estimated taxes - 1040-ES Explained! {Calculator Available}
Get your copy of the Estimated Tax Worksheet here for $19: https://learn.claracfo.com/calculatin... Get the IRS form 1040-ES here: https://www.irs.gov/pub/irs-pdf/f1040... To learn how to pay estimated taxes, watch this video: • How to pay estimated quarterly taxes to th... Don't let estimated tax payments give you headaches anymore! In this video we demystify the process of estimating taxes and the IRS form 1040-ES. We go over: Why we need to pay estimated taxes When are estimated taxes due What minimums we need to consider Strategies for choosing what amounts to pay Examples of calculating estimated tax payments And a walkthrough of the easy spreadsheet Hannah made for YOU! Don't get hit with penalties for misunderstanding and underpaying your taxes. Save money and stress by getting this right every year! --------------------------------------------------------------------------------------------------------------------------------------------- To learn more about CFO services for B2B services providers making over $1M in annual revenue, go to: https://claracfo.com/services Here are some of the tools I trust and recommend to help you manage your business finances more effectively. These are affiliate links, which means I may earn a small commission if you use them—at no extra cost to you. Thank you for supporting the Clara CFO channel! 🔢 QuickBooks Online – 30% Off for 12 Months plus 30-day Free Trial https://claracfo.com/QBO Get organized with the most popular small business accounting software. 🏦 Relay Bank – Get a $100 Bonus https://www.claracfo.com/relay Modern banking designed for business owners. Sign up and deposit $100 to claim your bonus. 👥 Gusto Payroll – Earn $100 https://claracfo.com/gusto Run payroll and receive a $100 reward—perfect for growing teams. 💰 Monarch Money – Extended 30-Day Free Trial https://claracfo.com/monarch Smart personal finance software for entrepreneurs and families. 📊 RC Reports – Get $50 Off a Compensation Report https://claracfo.com/RCReports Ensure your S-Corp salary is IRS-compliant with a professional comp report. Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/ Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.

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