Filing a return and paying tax due by March 1st relieves you of the necessity and prevents you from being penalized for failure to make estimated payments throughout the tax year. This rule is one of the main reasons I cannot fathom a so called tax professional advising someone to make non compulsory estimated payments as was advised by several in an earlier post especially since oclearly stated that he had an off farm job.
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Today's Featured Article - An AC Model M Crawler - by Anthony West. Neil Atkins is a man in his late thirties, a mild and patient character who talks fondly of his farming heritage. He farms around a hundred and fifty acres of arable land, in a village called Southam, located just outside Leamington Spa in Warwickshire. The soil is a rich dark brown and is well looked after. unlike some areas in the midlands it is also fairly flat, broken only by hedgerows and the occasional valley and brook. A copse of wildbreaking silver birch and oak trees surround the top si
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