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Tax bill rescues for the self-employed

from Motley Fool

There's no question about the rules for some 18 million Americans who've made something good for themselves in the world of self-employment. Professionals who earn a decent living at what they do — working for themselves — face quarterly taxes. But here's a not-so-wonderful truth about the financial lives of the self-employed: They can slip into underpaying quarterly taxes and they can even miss quarterly payments altogether. Our subjects presumably fall within a segment of honest but problem-ridden payers. They mean to pay their bill to federal and state coffers but they underpay. And when they do, it means trouble. Let's look at what can be done. more

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