Quarterly Estimated Taxes for Freelancers (Super Simple Method)

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In this video, explain everything you need to know about quarterly estimated tax payments for freelancers and small business owners. Taxes might not be fun, but understanding them can save you a lot of headaches (and money) down the road.
Garrett Alexander, a CPA and partner at Game On Financial (‪@gameonfinancial‬) joins the show to help unpack the whos, whats, and whens of quarterly taxes.
What you'll learn:
- The basics of quarterly estimated tax payments
- Simple strategies to manage and save for your taxes
- Key dates to remember for tax payments
- How to avoid underpayment penalties and possibly get a refund
QUICK TIP:
Start by opening a separate bank account specifically for taxes. Set aside 20-30% of your income every time you get paid. If you have state income taxes, consider setting up another account for that as well. Mark your calendar with tax due dates, and pay out from these accounts each quarter. This strategy helps you avoid penalties and makes tax time less stressful.
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🎮 Learn more about Garrett Alexander and Game On Financial: www.gameonfinancial.com/
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