TaxStache

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90%. That's how much of your tax bill needs to be paid by December 31 — or the IRS charges you extra. Most people find out too late. 🧵

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The IRS doesn't send a warning. It just adds the charge on top of whatever you owe.
If you're self-employed, had a big income year, or haven't checked your estimated payments — do the math now.

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Lil Wayne had 12 Grammys, a multi-million dollar empire, and apparently a very complicated relationship with the IRS.

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The IRS doesn't care how many Grammys you have. They want their cut.

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There's no automatic withholding when you work for yourself. The fix: set aside 25–30% the moment a payment hits your account. Not at the end of the month. Not when quarterly taxes are due. Immediately.

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Most first-year freelancers spend every dollar they make. Then April arrives and the IRS wants 30% of it back. Here's what nobody tells you before you go out on your own. 🧵

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Don't touch it. That money was never yours to spend.

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A content creator built an audience of millions and forgot to tell the IRS he was getting paid. Here's how that ended. 🧵

[TaxStache @TaxStache]

Income is income. The platform doesn't change the tax code. Report all of it. The free sneakers too.