Spread out Tax Payments
If you have trouble saving for your quarterly estimated tax payments, make it a monthly payment instead. That way, you can treat tax payments like any other monthly operating expense, and will have a significant decrease in stress come tax time. Finance is personal so do things and deploy tactics that help you stay at ease. Taking the time and speaking with a tax and accounting professional will help you better understand how business taxes work. You can also learn strategies to implement in your business now and save on your future tax bill.