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Tax and Money Education for Creative People, Freelancers and Solopreneurs

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How to Handle Your First Estimated Tax Payment (April 15 Guide)

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On this episode of the Sunlight Tax Podcast, I break down everything you need to know to make your first 2026 estimated quarterly tax payment. Learn how to manage cash flow, make accurate payments, and avoid going it alone. I share actionable tips, resources, and introduce my new Substack to help small business owners stay on top of taxes and maintain financial health all year long.

Listen and Subscribe Here

On this episode of the Sunlight Tax Podcast, I break down everything you need to know to make your first 2026 estimated quarterly tax payment. Learn how to manage cash flow, make accurate payments, and avoid going it alone. I share actionable tips, resources, and introduce my new Substack to help small business owners stay on top of taxes and maintain financial health all year long.

Also mentioned in today’s episode:

00:00 Introduction to Quarterly Tax Payments

10:09  Understanding the Importance of Quarterly Tax Payments

15:25  Methods for Calculating Quarterly Tax Payments

23:02  Final Thoughts on Tax Payments and Support

Takeaways

  • Pay 100% of last year's tax to avoid penalties

  • Divide last year's tax by four to estimate quarterly payments

  • Adjust payments based on the current year's profit for better cash flow

  • Maintain quarterly bookkeeping to improve payment accuracy

  • Join Hannah's Bookkeeping Club for accountability and support

If you enjoyed this episode, please rate, review and share it! Every review makes a difference by telling Apple or Spotify to show the Sunlight Tax podcast to new audiences.

Links:

Last week’s episode: The April 15 Cash Crunch: Why It Happens and How To Handle It

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Order my book, Taxes for Humans: Simplify Your Taxes and Change the World When You’re Self-Employed

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1099 vs W2 Income and Why it Matters

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1099 vs W2 Income and Why it Matters

Today on the podcast, I’m going over the key differences between 1099 freelance income and W-2 employee income when filing taxes and how you can simplify your taxes as a self-employed individual. 

Join me in this episode to learn how to file your taxes correctly to avoid penalties and keep your finances simple. 

LISTEN AND SUBSCRIBE HERE

Today on the podcast, I’m going over the key differences between 1099 freelance income and W-2 employee income when filing taxes and how you can simplify your taxes as a self-employed individual. 

 

Join me in this episode to learn how to file your taxes correctly to avoid penalties and keep your finances simple. 

  

Also mentioned in today’s episode: 

  • The main differences between 1099 and W2 income when it comes to taxes 2:30

  • The importance of bookkeeping when you’re self-employed 5:45

  • The importance of keeping records and being prepared for IRS inquiries 14:53

If you enjoyed this episode, please rate, review and share it! 

Links: 

FREE MASTERCLASS: Make Taxes Easier and Stash an Extra $130k in Your Savings

sunlighttax.com/deductions

Watch the Youtube video version

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