youth baseball program, and are currently seeking sponsors to help defray the cost of our upcoming. season. As you know, it takes a great deal of time and money to organize and run a baseball team. Monies are needed to cover league fees, umpire fees, field rental, field maintenance, team.
You should pay taxes on the earnings from each quarter after the quarter has ended. However, the quarters arenât equal â donât let the June deadline surprise you. Estimated tax payment deadlines are below: First Quarter (January 1 to March 31): Estimated taxes due April 18, 2016.
You must make estimated income tax payments if you reasonably expect your tax liability for the year to exceed $500 after subtracting your Illinois withholding, pass-through entity payments, and tax credits for.