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In this episode of the Veronica Edwards Show, host Veronica Edwards and CPA Alanna Anthony discuss the intricacies of quarterly estimated taxes, the importance of tax planning, and the implications of various income sources on tax obligations. They explore common misconceptions about who needs to pay estimated taxes, the penalties for underpayment, and the differences in tax treatment for Airbnb versus long-term rentals. The conversation emphasizes the need for proactive financial management and the use of IRS resources to navigate tax responsibilities effectively.
https://www.amplifyac.com/
IG: amplify_ac
FB: Alānna Anthony
02-04-2025
Send us a text
In this episode of the Veronica Edwards Show, host Veronica Edwards and CPA Alanna Anthony discuss the intricacies of quarterly estimated taxes, the importance of tax planning, and the implications of various income sources on tax obligations. They explore common misconceptions about who needs to pay estimated taxes, the penalties for underpayment, and the differences in tax treatment for Airbnb versus long-term rentals. The conversation emphasizes the need for proactive financial management and the use of IRS resources to navigate tax responsibilities effectively.
https://www.amplifyac.com/
IG: amplify_ac
FB: Alānna Anthony
02-04-2025