06/01/2026
June 15th is coming and if you are self-employed, a freelancer, a contractor, or a business owner — this date matters to you.
Q2 estimated taxes are due in soon.
Estimated tax payments are how self-employed individuals and business owners pay their taxes throughout the year instead of all at once in April.
Missing a payment or underpaying does not just push the bill to later.
It adds penalties and interest on top of whatever you already owe.
If you skipped Q1 in April, do not skip Q2.
Two missed payments back to back is where people start feeling real financial pressure come tax season.
Here is what to do before June 16th:
Look at what you earned in Q2 so far and estimate your tax liability.
If you are not sure what to pay, a quick conversation with your CPA can get you to a number that protects you from penalties without overpaying.
Then make your payment at IRS.gov using the Direct Pay tool or EFTPS.
It takes less than 10 minutes.
Do not let this date sneak up on you.
If you need help figuring out what you owe or you want to get a mid-year tax review on the calendar before June, DM us the word Q2 and let’s get ahead of it together.