Payment Deadlines with Ledger
Staying on top of tax deadlines is crucial for notaries and loan signing agents to avoid penalties and keep their finances in check. By gathering the right documents and utilizing tools like BlueNotary Ledger, you can simplify your tax filing process and maximize deductions.
Since most notaries are self-employed, they must pay estimated taxes quarterly to avoid IRS penalties:
April 15, 2024 – 1st Quarter Payment (January – March income)
June 17, 2024 – 2nd Quarter Payment (April – May income)
September 16, 2024 – 3rd Quarter Payment (June – August income)
January 15, 2025 – 4th Quarter Payment (September – December income)
April 15, 2025 – Deadline to file your federal income tax return. If you need more time, file for an extension, but remember that any owed taxes are still due on this date.
Each state has its own tax deadlines—check with your state's tax agency to ensure compliance.
Track Your Earnings & Expenses
Use BlueNotary Ledger to log income, business expenses, and tax deductions throughout the year. This keeps you organized and stress-free when tax season arrives.
Set Aside Money for Taxes
A good rule of thumb is to save 25-30% of your earnings for taxes to avoid surprises when payments are due.
Don’t Miss Deadlines
Late payments result in penalties and interest. Set reminders or use BlueNotary Ledger to track important dates automatically.
Maximize Your Deductions
Common deductions for notaries include:
-Business mileage
-Office supplies & equipment
-Marketing expenses
-Notary bond & insurance fees
By staying organized and leveraging BlueNotary Ledger, notaries can manage their finances with confidence and avoid unnecessary penalties.
📅 Key Tax Payment Deadlines for Notaries in 2024
Quarterly Estimated Tax Payments (Form 1040-ES)
Since most notaries are self-employed, they must pay estimated taxes quarterly to avoid IRS penalties:
April 15, 2024 – 1st Quarter Payment (January – March income)
June 17, 2024 – 2nd Quarter Payment (April – May income)
September 16, 2024 – 3rd Quarter Payment (June – August income)
January 15, 2025 – 4th Quarter Payment (September – December income)
Annual Tax Return (Form 1040 + Schedule C & SE)
April 15, 2025 – Deadline to file your federal income tax return. If you need more time, file for an extension, but remember that any owed taxes are still due on this date.
State Tax Deadlines
Each state has its own tax deadlines—check with your state's tax agency to ensure compliance.
💡 Tips to Avoid Tax Penalties
Track Your Earnings & Expenses
Use BlueNotary Ledger to log income, business expenses, and tax deductions throughout the year. This keeps you organized and stress-free when tax season arrives.
Set Aside Money for Taxes
A good rule of thumb is to save 25-30% of your earnings for taxes to avoid surprises when payments are due.
Don’t Miss Deadlines
Late payments result in penalties and interest. Set reminders or use BlueNotary Ledger to track important dates automatically.
Maximize Your Deductions
Common deductions for notaries include:
-Business mileage
-Office supplies & equipment
-Marketing expenses
-Notary bond & insurance fees
By staying organized and leveraging BlueNotary Ledger, notaries can manage their finances with confidence and avoid unnecessary penalties.
Updated on: 22/02/2025
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