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Shoutout to my accountant for suggesting I pay quarterly taxes from a separate checking account.
I set up a new account at my local credit union last January and automatically transferred 30% of every payment there, which completely eliminated that panicked scramble every April and actually left me with a small refund this year.
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william_craig74mo ago
Honestly the real pro move is keeping that separate account at a totally different bank. Out of sight out of mind. Makes it way harder to "borrow" from it when you're short on rent.
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janag435mo ago
That "panicked scramble every April" is exactly why my tax guy told me to do the same thing. It really does take the stress out.
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the_alex5mo ago
My buddy used to wait until the last weekend to file and he was a total wreck. He finally switched to doing it early and said it was like a huge weight lifted. Now he actually gets his refund sooner and can plan around the money. Makes you wonder why more people don't just get it over with.
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tessarodriguez5mo ago
Yeah I started doing that a couple years back. Just have a set percent go straight to savings from each check, so tax time is basically just moving money around. Takes all the guesswork out.
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