Tax Tip Tuesday: Quick Reminders
I know it seems like you just got done filing your 2016 tax return. However, if you need to pay estimated taxes for 2017, the 2nd quarter estimate is due on June 15th for federal and June 30th for Iowa.
Regardless if you got a big tax refund last year or if you owed with your return, this is also a good time to take a look at your current withholding from any payroll or retirement plan distribution.
Disclaimer: The items included in the Tax Tip Tuesday Video Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation. IRS Circular 230 disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advise contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein