For many, the annual tax season brings a familiar question: how much do I truly owe the IRS right now? While the tax authority ideally expects 90% of your total liability to be paid consistently throughout the year, this can be a significant challenge for individuals with unpredictable incomes.
Fluctuating earnings from bonuses, business windfalls, or a volatile stock market make hitting that target akin to a moving goalpost, often leading to unwelcome underpayment penalties.