August 14, 2024
Quarterly estimate strategies for freelancers in Brooklyn
Plan cash flow and reduce surprises with quarterly tax strategies tailored to Brooklyn freelancers and consultants.
Estimate payments keep freelancers out of penalty territory. Set aside a percentage of each payment and schedule monthly transfers to a tax savings account.
Review profit and loss statements quarterly to adjust estimates for new contracts or seasonal work.
Use the IRS online account or EFTPS to schedule payments securely.