Arizona Tax Guide: Figuring Out Your Estimated Federal Tax Payments

The main reason most Arizona individuals and small business owners run into tax problems with the IRS is that they fail to pay their quarterly estimated taxes correctly. But figuring out your estimated payments is nowhere near as hard as doing your annual return in April. While the IRS provides a worksheet to figure your April tax bill, most taxpayers take the “safe harbor” approach; the IRS considers a taxpayer compliant as long as they pay either 90% of [...]