Estimated Quarterly Tax Calculator for Self-Employed Bench Accounting

This will ensure that your Tax Team will have the details they need along with your Year End Financial package to get started on your tax return. Shortly after you sign up, we’ll give you a call to learn more about your business and bookkeeping needs. On this call, we’ll connect your accounts to Bench, and gather any extra documentation we need to complete your books. I’ve always been better at making money than saving it.

• Get 70% off a Lite, Plus or Premium Plan for 4 months.
• Small business bookkeeping and tax services from Bench ensure you’ll get every deduction you deserve.
• Bench currently does not complete tax filings or tax planning for nonprofits, businesses with shareholders who are not US citizens, or personal income taxes for non-US citizens.
• With 1099 reporting in the Bench app, you get full visibility into contractor payments and transactions, access to expert resources, and can download reports anytime you want.
• We are here to help you streamline your accounting needs efficiently and effectively.

Bookkeeping and Accounting

They also provide tax filing services for an additional fee. For complete information, see the terms and conditions on the credit card, financing and service issuer’s website. In most cases, once you click “apply now”, you will be redirected to the issuer’s website where you may review the terms and conditions of the product before proceeding.

Explore over 600 resources for managing small business finances

FreshBooks is accounting software that makes running your small business easy, fast and secure. Spend less time on accounting and more time doing the work you love. At the end of the year, you’ll be provided with a year-end financial statement. You can hand this off to your CPA if you don’t want Bench to file your taxes for you (which costs extra). Personal FICO credit scores and other credit scores are used to represent the creditworthiness of a person and may be one indicator to the credit or financing type you are eligible for.

Get started with America’s trusted bookkeeping service

Get intuitive software that syncs directly with your small business accounts to deliver tidy, perfect books each month. Your bookkeeper completes your books and prepares your financials each month. Chat with your bookkeeper in the Bench platform, or book a call directly in the app.

Need to file Form 1099?

If you have any questions, you can get in touch with your Bench bookkeepers via in-app message or by booking a call. Try our service free, and get full access to Bench. We’ll do a month of your bookkeeping in one business day, and deliver a set of financial statements for you to keep.

All reports can be easily exported to an Excel file to share with your accountant or future bookkeeping provider. We can fully wipe your data, too—at the end of the day, it’s your info and your call. You can also book a call with your bookkeeper (or send them a message) whenever you’d like. There’s no extra fee or hourly charges for support—we’re always happy to nerd out about bookkeeping and your financial statements. After you sign up to Bench, a member of our bookkeeping team will assist you in connecting all your financial accounts securely to our platform. This enables you and your Bench team to work together seamlessly from the start.

Follow our step-by-step estimated quarterly tax calculator to figure out how much you owe. Your bookkeeping team consists of 3 professionally trained bookkeepers, including one senior bookkeeper who reviews all of your monthly statements and your Year End Financial package. Connecting your bank account gives your bookkeeping team access to your transaction history and account statements—nothing more. With FreshBooks Payments you can start accepting credit card payments online right away, with zero set up required. We’re here to help you explore whether our cash basis bookkeeping is a good fit for your business.

Bench provides you with a personal bookkeeper who manages every aspect of your bookkeeping. By clicking ‘Get Started’, I agree to Bench’s Terms & Privacy Policy. See how your business is doing, master your spending, and make smarter decisions with your money every step of the way.

The deadline to request a 1099 report for the 2023 tax year is December 11, 2023. Any requests after the deadline will be handled on a first-come, first-served basis. Maximize your business’s financial health with Bench Accounting. Enjoy a free bench tax login month of expert bookkeeping and focus on growth, not numbers. If your gross income exceeds $150,000, you can avoid potential penalties by paying 110% of your previous year’s tax obligation as your estimated payments for the current year.

QuickBooks, Xero and other do-it-yourself bookkeeping software give you a tool to do your own bookkeeping and taxes. Easily see your updated financial data every time you log in. With real-time insights, you can make on-the-fly decisions about where to spend and where to save, helping your business stay on budget. Bench gives you a dedicated bookkeeping team so you have a direct line to your own experts on desktop or mobile–professional support is just a few swipes, taps, or clicks away.

Each customer’s main point of contact is a dedicated in-house, professionally-trained bookkeeper, based in North America. Part of what makes Bench unique is that we blend together the human touch with modern technology. Our in-house team is also supported by machine learning technology, which allows us to automatically process large amounts of financial data instantly, and close your books faster and accurately. When you pay income tax in quarterly installments, individuals use IRS Form 1040-ES to report how much money you’re sending to the government. We walk through the process of filling out this form. Use this free estimated quarterly tax calculator to decide how much you may want to pay for your federal quarterly tax payment.