<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-9566" src="https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_TaxTalk_Header.jpg" alt="taxes" width="1920" height="1080" srcset="https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_TaxTalk_Header.jpg 1920w, https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_TaxTalk_Header-300x169.jpg 300w, https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_TaxTalk_Header-1024x576.jpg 1024w, https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_TaxTalk_Header-768x432.jpg 768w, https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_TaxTalk_Header-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></p> <p style="text-align: center;"><span style="font-size: 18px;"><strong><span style="color: #004f6e;">WHAT YOU NEED TO KNOW ABOUT ESTIMATED QUARTERLY TAXES<br /> FROM BALTIMORE-WASHINGTON FINANCIAL ADVISORS</span></strong></span></p> <p style="text-align: center;"><strong><a style="background-color: #ce181e; color: #ffffff; font-weight: bold; text-decoration: none; padding: 14px 28px; display: inline-block; border-radius: 30px;" href="https://youtu.be/Sm06-Ql8Jbw" target="_blank" rel="noopener">WATCH ON YOUTUBE</a></strong></p> <table style="border-collapse: collapse; width: 100%; height: 295px;"> <tbody> <tr style="height: 295px;"> <td style="width: 28.23%; height: 295px;"> <p style="text-align: center;"><strong>Lawrence M. Post<br /> CPA, MST, CFP®, CIMA®</strong><br /> Senior Tax &#38; Planning Advisor</p> <p><img loading="lazy" decoding="async" class="wp-image-9562 aligncenter" src="https://www.bwfa.com/wp-content/uploads/2021/01/LarryPost_Bio_Podcast.jpg" alt="" width="200" height="200" srcset="https://bwfa.com/wp-content/uploads/2021/01/LarryPost_Bio_Podcast.jpg 2000w, https://bwfa.com/wp-content/uploads/2021/01/LarryPost_Bio_Podcast-300x300.jpg 300w, https://bwfa.com/wp-content/uploads/2021/01/LarryPost_Bio_Podcast-1024x1024.jpg 1024w, https://bwfa.com/wp-content/uploads/2021/01/LarryPost_Bio_Podcast-150x150.jpg 150w, https://bwfa.com/wp-content/uploads/2021/01/LarryPost_Bio_Podcast-768x768.jpg 768w, https://bwfa.com/wp-content/uploads/2021/01/LarryPost_Bio_Podcast-1536x1536.jpg 1536w" sizes="(max-width: 200px) 100vw, 200px" /></td> <td style="width: 39.1597%; height: 295px;"> <p style="text-align: center;"><strong>Tessa Hall</strong><br /> Media and Communications<br /> Specialist</p> <p><img decoding="async" class="wp-image-18568 aligncenter" src="https://www.bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-300x300.png" alt="" width="200" height="200" srcset="https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-300x300.png 300w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-1024x1024.png 1024w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-150x150.png 150w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-768x768.png 768w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-1536x1536.png 1536w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-600x600.png 600w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-160x160.png 160w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-400x400.png 400w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large.png 1875w" sizes="(max-width: 200px) 100vw, 200px" /></td> </tr> </tbody> </table> <p style="color: #ce181e; text-align: left;"><span style="font-size: 18px;"><strong><span style="color: #004f6e;">About This Episode</span></strong></span></p> <p data-start="201" data-end="659">Tessa speaks with BWFA Senior Tax and Planning Advisor Larry Post about estimated quarterly taxes, why they exist, and how they help taxpayers avoid unnecessary penalties. They discuss who needs to make quarterly payments, how the IRS evaluates timing, and why even small delays can result in added costs.</p> <p data-start="201" data-end="659">To better understand how estimated quarterly taxes fit into your broader tax strategy, visit our <a href="https://bwfa.com/tax-planning/"><strong data-start="604" data-end="620">Tax Planning</strong></a> page.</p> <details class="bwfa-collapsible"> <summary><strong>Read Full Description</strong></summary> <p>Estimated quarterly taxes can be confusing. This is especially true for those who are not used to making payments outside of paycheck withholding. However, understanding how they work is essential for avoiding penalties and managing cash flow.</p> <p>In this episode of Healthy, Wealthy &#38; Wise, Tessa speaks with BWFA Senior Tax and Planning Advisor Larry Post about estimated quarterly taxes and why the IRS requires them. While employees have taxes withheld automatically, others must take a more active role.</p> <p>For example, individuals with investment income, capital gains, or self-employment income often need to make estimated quarterly tax payments throughout the year. Without these payments, the IRS may apply penalties.</p> <p>Estimated quarterly taxes are designed to create a steady flow of payments to the IRS. Instead of paying once per year, taxpayers pay in smaller installments. As a result, timing becomes very important.</p> <p>Even small delays can lead to penalties. If a payment is late, the IRS may treat it as missed entirely for that period. Therefore, understanding deadlines is critical.</p> <p>The conversation also explains safe harbor rules. These rules allow taxpayers to avoid penalties by paying a percentage of their prior year’s tax liability. This approach can be helpful for those with variable income.</p> <p>In addition, the episode addresses common misconceptions. Many people think these payments increase their taxes. In reality, they are simply prepayments toward an existing obligation.</p> <p>Ultimately, estimated quarterly taxes are not about paying more. Instead, they are about paying on time. With proper planning, taxpayers can avoid penalties, improve cash flow, and reduce stress during tax season.</p> </details>