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ESTIMATED TAXES Most business owners and self-employed people must pay estimated taxes for the first quarter of this year by April 15.
In the past five years, revenues from people who pay estimated taxes have risen 14 to 18percentt every year.
WATCH STATE PENALTIES There are three ways to pay estimated taxes, and you can select a new method each quarter.
Most small businesses are required to pay estimated taxes either quarterly or in a lump sum, in addition to filing their returns on April 15.
Under new disclosure rules, Mr. Mühlemann does not have to disclose his individual pay, estimated at more than $9 million, until next year.
Students starting degree courses in autumn next year will pay estimated average tuition fees of £8,507, up from the latest estimate of £8,385 for 2012/13.
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The military, which counts housing allowances, tax advantages and bonuses in its own accounting of pay, estimates the average junior enlisted member earns about $43,000.
Typically, higher-income workers are the ones subject to paying estimated quarterly taxes.
"People who were paying estimated bills before can find they were paying less," says a customer services representative.
For 1999, he said, he filed for an extension but paid estimated taxes of $9,938,200 on taxable income of $28,348,500.
Mr. Simon, a millionaire businessman, previously received a four-month extension from the April 15 deadline after paying estimated taxes of $1.5 million for 2001.
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