The current system of quarterly individual estimated tax payments poses significant challenges for taxpayers, particularly those in the gig economy. Recently, a group from the California Lawyers Association Taxation Section proposed changes to the IRS to try to address some of the issues in the existing estimated tax system.
Current System and Its Problems
THIS ARTICLE HAS BEEN MOVED TO OUR PREMIUM CONTENT SITE.
FREE REGISTRATION IS REQUIRED TO VIEW THE FULL ARTICLE
Christine Gervais is a licensed CPA, using her skills to help businesses grow and achieve their fullest potential. Christine has a Master’s degree in accounting from Southern New Hampshire University in addition to holding her CPA license for over a decade. Notably, Christine is a nationally recognized speaker providing education to other CPAs on how to best serve clients as well as instruction on a wide variety of topics for business owners on how to maximize success. Christine prides herself on the value she can bring to clients with her extensive tax knowledge and provides strategic, forward-thinking financial strategies to help clients grow. When not behind her desk, you can find Christine spending quality time with her daughter and stepson or tending to the family’s excessively loved farm animals.

