IRS Quarterly Tax Payments Form
July 12th, 2006
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Question: IRS Tax Question?
I started a business in March and finally received confirmation of my EIN for my business in May. They sent me 2 forms for payments, now all I need to know is.. when do I send them and what percentage? (I cant find this information on the IRS website although I’m prob. lookin right at it.) I know I have to do it quarterly but what months are those? also if I dont make any money what do I do?
Answer: spend the money and sit with an accountant for an hour and a half. you can’t ask such detailed questions without us knowing what state and township you are in, if you have any employees, the nature of your business – is there sales tax involved? etc. – the questions will keep coming. You need to have an all-out conversation with someone familiar with your area.
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