{"id":3399,"date":"2016-08-15T08:00:00","date_gmt":"2016-08-15T13:00:00","guid":{"rendered":"http:\/\/taxprocenter.proconnect.intuit.com\/?p=3399"},"modified":"2019-03-06T09:33:03","modified_gmt":"2019-03-06T15:33:03","slug":"simplifying-quarterly-taxes-for-on-demand-workers","status":"publish","type":"post","link":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/simplifying-quarterly-taxes-for-on-demand-workers\/","title":{"rendered":"Simplifying Quarterly Taxes for On-Demand Workers"},"content":{"rendered":"

As the number of self-employed increases, you\u2019ll more than likely increase your self-employed client base. Whether your clients are contractors, freelancers or on-demand workers, you can provide value by helping them simplify their quarterly taxes. As a reminder, your self-employed clients need to pay estimated taxes, and the upcoming third quarter estimated tax deadline is coming up on Thursday, Sept. 15.<\/p>\n

Here are a few tips to help you provide extra value to your self-employed clients around this deadline.<\/p>\n

Which of my Clients are Subject to Estimated Taxes?<\/strong><\/p>\n

Since we have a \u201cpay as you go\u201d tax system in the United States, the government expects to receive most of your taxes, including self-employment taxes, throughout the year instead of at year end. Your clients who are employees have taxes automatically withheld from their paychecks throughout the year, but your self-employed clients most likely don\u2019t. For this reason, your self-employed clients are expected to pay estimated taxes if they expect to owe $1,000 or more in taxes.<\/p>\n

When are Estimated Taxes Due?<\/strong><\/p>\n

The good news is the IRS has a schedule to help you figure out when your clients\u2019 estimated taxes are due:<\/p>\n