FlyFin Announces Free Quarterly Tax Calculator

FlyFin Quarterly Tax Calculator

FlyFin Quarterly Tax Calculator

Handy tax calculator helps estimate self-employed taxes on an ongoing basis

SAN JOSE, California, USA, October 11, 2022 /EINPresswire.com/ — FlyFin, the world’s leading artificial intelligence-powered tax preparation and return service, today announced a new free, fast and accurate tax calculator. FlyFin’s latest tax calculator is a valuable tool for estimating quarterly taxes for 1099 workers, self-employed and self-employed. Filing quarterly tax returns is a challenge for most 1099 workers and freelancers in the United States because they are not used to doing it. Quarterly tax returns are due April 15, June 15, September 15, and January 15. This tax requirement is a lot of work and can confuse most people.

A 2016 study by the National Bureau of Economic Research found that only about 60% of self-employed people filed quarterly tax returns, suggesting that many do not file quarterly tax returns.

FlyFin relies on artificial intelligence combined with highly experienced tax CPAs to deliver automation that eliminates 95% of the work required for 1099 freelancers. It’s new quarterly tax calculatorwho uses a tax bracket calculatorhelps self-employed taxpayers answer “how much do I owe in quarterly taxes” and prepare their taxes for filing.

Using the new tool, taxpayers learn how to calculate estimated taxes and can file quarterly taxes in minutes. To find out how much is due annually, a taxpayer simply uses the self-employment tax calculator. FlyFin’s AI-powered platform helps filers save maximum money on their taxes. CPAs are on standby 24/7, so taxpayers can seek advice from a CPA on paying as little tax as possible and how to pay quarterly taxes before the deadline.

Trusted by over 100,000 freelancers, FlyFin’s new quarterly tax calculator is the only one that takes into account a person’s income and deductions. FlyFin’s new tool allows business owners and self-employed people to assess how different combinations of income and deductions may affect their overall taxes owed. Regular use of the Quarterly Tax Calculator can help self-employed and 1099 workers budget their quarterly tax payments, avoid tax penalties or interest charges, and better manage their taxes.

About FlyFin
FlyFin is an AI-powered platform that provides freelancers, contractors, independent contractors, gig workers, freelancers and workers in the maker economy with a convenient tax filing solution , easy to use and affordable. FlyFin helps individuals maximize tax deductions and self-employed income tax refunds. With a “Human + Machine” approach, FlyFin leverages AI paired with highly experienced tax CPAs to deliver automation that eliminates 95% of the work needed for 1,099 self-employed people to prepare their taxes. FlyFin is a private, venture-backed company based in San Jose, California.

Carmen Hughes
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