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President Obama!
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<blockquote data-quote="roadrunner2012" data-source="post: 1296442" data-attributes="member: 40736"><p>That link does not apply to the almighty Drudge. Is he a self employed busuiness owner or does he employ more than 100 people?</p><p></p><p>Calling Drudge an 'entrepreneur' is like calling Barnum & Bailey investment specialists.</p><p></p><p>Overpaying your taxes is for suckers. Mitt said that himself <img src="/community/styles/default/xenforo/smilies/wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /></p><p></p><p>Here's the latest:</p><p></p><p><em><strong>Update, Saturday:</strong></em> Matt Drudge responded to criticisms over his tweet late Friday by clarifying that he'd "paid '14 1st QTR tax estimates." Originally Drudge tweeted that "small businesses" are now paying their quarterly taxes, though his business is likely too small to be affected by the employer mandate. Self-employed individuals file taxes early as well.</p><p></p><p><strong><em>Update, Saturday:</em></strong> The Wire reached out to the H&R Block Tax Institute, which said <strong>you’re free to over pay your tax obligation on your quarterly estimated tax form, but the IRS has “no way to designate it as penalty prepayment.” The line item for “other taxes owed” doesn’t mention the health law penalty, and the IRS still needs to offer guidance over several aspects of the penalty, the company said in an email.</strong></p><p></p><p>“When the return is filed (in 2015) the overpayment of the estimated taxes likely would get netted against all taxes due and cover the penalty,” according to H&R Block. The actual estimated tax form states the mandate should be paid with the 2014 return next year, though “you may want to consider this when figuring your ‘Other taxes’” owed.</p></blockquote><p></p>
[QUOTE="roadrunner2012, post: 1296442, member: 40736"] That link does not apply to the almighty Drudge. Is he a self employed busuiness owner or does he employ more than 100 people? Calling Drudge an 'entrepreneur' is like calling Barnum & Bailey investment specialists. Overpaying your taxes is for suckers. Mitt said that himself ;) Here's the latest: [I][B]Update, Saturday:[/B][/I] Matt Drudge responded to criticisms over his tweet late Friday by clarifying that he'd "paid '14 1st QTR tax estimates." Originally Drudge tweeted that "small businesses" are now paying their quarterly taxes, though his business is likely too small to be affected by the employer mandate. Self-employed individuals file taxes early as well. [B][I]Update, Saturday:[/I][/B] The Wire reached out to the H&R Block Tax Institute, which said [B]you’re free to over pay your tax obligation on your quarterly estimated tax form, but the IRS has “no way to designate it as penalty prepayment.” The line item for “other taxes owed” doesn’t mention the health law penalty, and the IRS still needs to offer guidance over several aspects of the penalty, the company said in an email.[/B] “When the return is filed (in 2015) the overpayment of the estimated taxes likely would get netted against all taxes due and cover the penalty,” according to H&R Block. The actual estimated tax form states the mandate should be paid with the 2014 return next year, though “you may want to consider this when figuring your ‘Other taxes’” owed. [/QUOTE]
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