Cascadia Investments Inc (fka CDIV)

[Boston2Dallas]

So spoke to my CPA in reference to quarterly tax payments, He said that if you have gains resulting in taxes of greater than $500.00 you should make quarterly payments. Having said that he said the fines are minimal and it is not a given that you will be find (likely but now a given).

This is similar to if you did consulting work and were paid an amount that resulted in you or your company owing taxes greater than $500.00 you should pay Quarterly. We all familiar with the April 15 th deadline and of course there is another in July, October, and January. Having said that no flags were raised when I told him of my gains. Additionally if you received money back you would have to owe taxes greater than your return plus $500.00.
Clear as mud?