How to pay estimated quarterly taxes to the IRS

Get your copy of the Estimated Tax Worksheet here for $19: https://learn.claracfo.com/calculating-estimated-taxes-2024-2025 Get the IRS form 1040-ES here: https://www.irs.gov/pub/irs-pdf/f1040es.pdf Watch the video showing how to calculate estimated taxes here: https://youtu.be/eFsL0LKPSYo Timestamps for the video: 0:00 Introduction 3:20 Options for paying taxes 8:08 Where to mail checks? 9:30 Showing options on IRS payment website 15:45 EFTPS portal Quarterly estimated tax payments are simply a way to prepay your tax debt. The IRS requires these if you are going to owe taxes as a small business owner. But when do you need to pay taxes and how do you make sure you are paying them the right way? Hannah will show you how to pay estimated taxes. The IRS gives you a ton of ways to pay them. Which payment method makes the most sense for you? Don't get hit with penalties for misunderstanding and underpaying your taxes. Save money and stress by getting this right every year! --------------------------------------------------------------------------------------------------------------------------------------------- To learn more about CFO services for B2B services providers making over $1M in annual revenue, go to: https://claracfo.com/services Here are some of the tools I trust and recommend to help you manage your business finances more effectively. These are affiliate links, which means I may earn a small commission if you use them—at no extra cost to you. Thank you for supporting the Clara CFO channel! 🔢 QuickBooks Online – 30% Off for 12 Months plus 30-day Free Trial https://claracfo.com/QBO Get organized with the most popular small business accounting software. 🏦 Relay Bank – Get a $100 Bonus https://www.claracfo.com/relay Modern banking designed for business owners. Sign up and deposit $100 to claim your bonus. 👥 Gusto Payroll – Earn $100 https://claracfo.com/gusto Run payroll and receive a $100 reward—perfect for growing teams. 💰 Monarch Money – Extended 30-Day Free Trial https://claracfo.com/monarch Smart personal finance software for entrepreneurs and families. 📊 RC Reports – Get $50 Off a Compensation Report https://claracfo.com/RCReports Ensure your S-Corp salary is IRS-compliant with a professional comp report. Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/ Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.