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Business & Economics

How to manage quarterly taxes as a solopreneur

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The IRS requires independent workers, including freelancers, contractors, and solopreneurs, to pay taxes on their income throughout the year .

This is because without an employer involved, that income is not automatically taxed when you receive it.

There are four quarterly tax deadlines: January 15, April 15, June 15, September 15 .

Make sure you know the rules for your state to avoid an unexpected tax bill.

Paying quarterlies can make filing taxes a lot easier.

If you're unsure what you can deduct, a CPA can help you out.

Don't be afraid to hire a pro if you're overwhelmed by your taxes, having trouble keeping up with your bookkeeping.