Refunds and Payments
Posted By: MTSO for Proficient Transcription on 2006-09-11
In Reply to: Info To File Complaint Against Proficient Transcription - unique1
There is no need to go to such extremes. If you would like to email me I will provide you with my cell phone number where you can reach me. I am making payments and providing refunds as quickly as I can get them out. I just got a business loan and I am working to get everyone paid. I have a family I have to provide for as well and going to such extremes will only hurt me further. I am asking everyone to please find it in your heart to allow me to take care of this the right way and not go any further. Thank you.
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first year as IC, you don't have to make payments...sm
you could pay all of 2006 taxes by April 15, 2007. But in 2007, the IRS will send you forms that you use to pay quarterly. You pay 100% of last year's taxes in 4 equal payments and then make up the difference when you do your taxes. For example, you started as an IC in 2006. Your taxes were $2000. You pay $2000 by April 15 2007 and you also pay your first quarterly payment of $500 (1/4 of $2000) by April 15. I also would suggest you make all your payments in the current year - don't pay the last quarter by January 15 when it is due because it screws up your bookkeeping and state and feds handle it different. Pay your last quarter tax by December 31.
Any update on those refunds from Proficient Transcription?
Just curious...
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