Quarterly Estimated Tax Payment Recommendations for Business Owners and Self-Employed in Maryland
Aventa Tax makes quarterly estimated tax payments easy. If you're a business owner or self-employed professional in Maryland struggling to determine your quarterly estimated tax federal or state payments, our team can help. With changing state and IRS guidelines, unpredictable cash flow, and tight deadlines, planning and paying quarterly taxes can be overwhelming. Get tailored support for:
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Who Needs to Pay Quarterly Estimated Taxes?
If you expect to owe more than $1,000 in federal taxes after withholding and credits, you likely need to make quarterly payments. This applies to business owners, LLC members, sole proprietors, gig workers, freelancers, and anyone with variable income not fully covered by employer withholding.
How We Help
We help calculating accurate quarterly payments to both the IRS and Maryland Comptroller. avoiding costly penalties and interest from late or insufficient payments. This helps you free more time to focus on business growth while staying compliant.
Benefits of Professional Tax Planning
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Accurate calculations that keep you in line with IRS safe harbor rules.
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Quarterly reminders and secure e-filing services.
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Planning for both federal (IRS) and Maryland state payments.
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Guidance on maximizing deductions for your business type.
Enrolled Agent Services for Quarterly Estimated Tax Planning
An Enrolled Agent (EA) is a federally-authorized tax professional who specializes in representing taxpayers before the IRS and providing expert guidance on complex tax matters. At Aventa Tax, skilled Enrolled Agents are available to help Maryland business owners and self-employed individuals accurately plan and manage quarterly estimated tax payments, minimize liabilities, and avoid penalties. Whether navigating changing tax laws, identifying deductions, or handling IRS resolutions, Aventa Tax’s EAs ensure compliance and offer peace of mind through their in-depth expertise and personal service.
Frequently asked tax questions
When are IRS and Maryland quarterly estimated tax payments due in 2025?
First Quarter: April 15, 2025
Second Quarter: June 16, 2025
Third Quarter: September 15, 2025
Fourth Quarter: January 15, 2026 (IRS)
How much should be paid each quarter?
Divide your total expected federal and state tax bills by four. Adjustments may be necessary for seasonal or fluctuating income; also note, that are there are safe harbors available.
What happens if not enough tax is paid or payment is late?
Penalties and interest may be assessed.
Is there a safe harbor to avoid penalties?
Yes. There’s no IRS underpayment penalty if:
The total owed after withholdings and credits is under $1,000, or
At least 90% of current year tax or 100% of previous year’s tax (110% if income >$150,000) is paid in timely estimated installments.
Or call us:
301-235-2724
Aventa Tax LLC is based in Montgomery County, Maryland and provides quarterly estimated tax planning suggestions to business owners and self-employed individuals.