What Are Estimated Tax Liabilities?

Nigel B Butler Ltd04 Mar, 2024Business

One of the services we are proud to offer under our accounting and bookkeeping is estimated tax liabilities. According to Investopedia, when we talk about tax liabilities, we are referring to ?the payment owed by an individual, business, or other entity to a federal, state, or local tax authority?. Some examples of tax liabilities include sales tax, capital gains tax, payroll tax, etc. To help you gain a better understanding of tax liabilities, we will be investigating what tax liability is, how it works, and how we can offer you the assistance you need.