June 15, 2015 - Estimated Tax Payment Due

It’s time to make your second quarter estimated tax installment payment for the 2015 tax year. Our tax system is a “pay-as-you-go” system. To facilitate that concept, the government has provided several means of assisting taxpayers in meeting the “pay-as-you-go” requirement. These include:

1. Payroll withholding for employees;
2. Pension withholding for retirees; and 
3. Estimated tax payments for self-employed individuals and those with other sources of income not covered by withholding.