If you're employed and you have taxes taken out of your paycheck every pay day then you are paying a form of estimated taxes.
The majority of Americans over pay their taxes using this system and here in California with federal taxes which could be 35%, the state taxes that could be 10.3%, and FICA you could be paying over 50% in taxes!
It's mandatory to have your taxes taken out every pay day, and moreover it's expedient, however our government has not made i... Read More