When income can't be taxed by using withholding, you are required to estimate your total annual federal tax and make estimated payments to the IRS.
We process your estimated payments to the IRS, if you are a business owner, self-employed, contract employee, or anyone who does not have taxes taken out of your income.
We also process these payments to the IRS:
Tax return or notice
Proposed tax assessments
Offshore voluntary disclosure
Offshore streamlined filing compliance