1 rich Libsyn https://www.libsyn.com 90 600 It's great to earn a big bonus, receive a vesting of company stock, or achieve a profitable business year. Unfortunately, without good tax planning, extra income and insufficient withholdings can result in a big tax bill and/or penalties. In this episode, Joe Pachuca, CPA, discusses how proactive tax strategy can avoid unpleasant surprises from the IRS. Joe shares his insights about: Common reasons that clients may owe a large surprise tax bill The importance of proactive tax planning How estimated taxes work and when they are due Paying taxes immediately v. reserving funds in a high-yield account to earn interest until the tax deadline How CPAs help clients calculate, prepare for, and pay estimated taxes Guest: Joe Pachuca at&amp;nbsp;joe@thedobl.com Can't Take It With You https://austinwealthmgmt.com/podcasts/ <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/32519562/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/32519562