Total Tax

Total Tax - Individual & Business Tax Preparation
- Audits & Amendments
- Self-Employed/ Independent Contracto

Just a little reminder 💙
02/14/2025

Just a little reminder 💙

Let’s discuss tax savings & how we can turn some of those losses into wins!
02/06/2025

Let’s discuss tax savings & how we can turn some of those losses into wins!

📌 SAVE this post to make sure you don’t miss a tax deadline in 2025!Want to be extra sure you’re staying on top of your ...
01/20/2025

📌 SAVE this post to make sure you don’t miss a tax deadline in 2025!

Want to be extra sure you’re staying on top of your due dates? Be sure to follow !

P.S. Stay tuned for Q2 important due dates in a few months!

Your LAST estimated tax payment is due on January 15th, here’s what you need to know: ⤵️WHO HAS TO PAY?If you expect to ...
01/13/2025

Your LAST estimated tax payment is due on January 15th, here’s what you need to know: ⤵️

WHO HAS TO PAY?

If you expect to owe $1,000 or more in taxes when you file your tax return, you generally need to make estimated tax payments.

This generally includes self-employed individuals, business owners, people with significant investment income, and anyone earning income without sufficient withholdings.

WHEN ARE PAYMENTS DUE?

Estimated taxes are paid in quarterly installments. For 2024, the remaining fourth quarter installment is due on January 15, 2025.

Payments can be sent via mail with Form 1040-ES, but I recommend checking out IRS.gov/payments to learn more about the IRS’s electronic payment methods!

HOW MUCH DO I PAY?

You should be paying taxes on the income earned in the period covered by the quarterly tax payment.

To avoid an underpayment penalty, you need to pay at least 90% of the tax you owe in the current year, or 100% (110% for high-income earners) of your prior-year tax liability (whichever is lower).

Not sure? - Let’s chat.

🚨HEADS UP - the standard deduction has gone UP for 2025! 🚨Swipe to find out how much you’ll automatically be able to ded...
01/13/2025

🚨HEADS UP - the standard deduction has gone UP for 2025! 🚨

Swipe to find out how much you’ll automatically be able to deduct.

Don’t forget to follow to stay up-to-date on the latest tax changes!

Address

Revere, MA

Opening Hours

Monday 9am - 8pm
Tuesday 9am - 8pm
Wednesday 9am - 8pm
Thursday 9am - 8pm
Friday 9am - 8pm
Saturday 9am - 8pm
Sunday 9am - 7pm

Telephone

+14072127008

Website

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