Most people think taxes are something you deal with once a year in April, but business owners, freelancers, and investors need to pay taxes four times per year. This video explains how to calculate and pay your quarterly estimated taxes, including using IRS Direct Pay. Learn how to avoid tax penalties by understanding your estimated taxes and ensuring you meet your obligations.

🔔 Subscribe for more tips and strategies tailored for business owners and high earning professionals.

On this channel, Stephen Lee shares proven strategies to help high earners, business owners, and professionals keep more of what they make, minimize taxes, and build lasting wealth.

Whether you’re optimizing your S-Corp, investing smarter, or managing 1099 income, this channel gives you the tools to make confident money moves — backed by real client experience.

Subscribe for smart, actionable advice — and take control of your financial future.

The information provided on this channel is for general information and entertainment purposes only. It is not intended to serve as legal, financial, or tax advice. You should not act or refrain from acting on the basis of any content included on this channel without seeking appropriate legal, tax, or other professional advice specific to your individual circumstances. The use or reliance on any information contained on this channel is solely at your own risk.

🚨 $1.2 BILLION in Unclaimed IRS Refunds — Don’t Miss the April 15 Deadline 🚨

Over 1.3 million Americans still haven’t filed their 2022 tax returns — and the IRS is holding $1.2 BILLION in unclaimed refunds.

If you don’t act by April 15, 2026, your refund becomes property of the U.S. Treasury… permanently.

In this video, I break down:

✔️ Who is at risk of losing their refund

✔️ How much money you could be owed (median $686+)

✔️ Hidden credits like the Earned Income Tax Credit (up to $6,935)

✔️ What happens if you haven’t filed recent tax returns

✔️ Step-by-step how to still claim your refund

⚠️ This is one of the most overlooked IRS deadlines — and it could cost you thousands.

00:00 Unclaimed Refund Warning

00:50 Deadline and Refund Amounts

01:19 EITC and Refund Holds

02:09 How to File Without Docs

02:40 Rental Loss vs Depreciation

03:19 Senior Standard Deduction

03:45 Car Loan Interest Cutoff

04:11 Final Deadline Reminder

Subscribe for more tips and strategies tailored for business owners and high earning professionals.

On this channel, Stephen Lee shares proven strategies to help high earners, business owners, and professionals keep more of what they make, minimize taxes, and build lasting wealth.

Whether you’re optimizing your S-Corp, investing smarter, or managing 1099 income, this channel gives you the tools to make confident money moves — backed by real client experience.

Subscribe for smart, actionable advice — and take control of your financial future.

The information provided on this channel is for general information and entertainment purposes only. It is not intended to serve as legal, financial, or tax advice. You should not act or refrain from acting on the basis of any content included on this channel without seeking appropriate legal, tax, or other professional advice specific to your individual circumstances. The use or reliance on any information contained on this channel is solely at your own risk.

How to File a Tax Extension for Form 1040 (2026 Deadlines + 3 Easy Methods)

CPA Stephen Lee explains how to request an automatic six-month tax extension for a Form 1040 using IRS Form 4868 for the 2026 tax season, covering key deadlines and common mistakes that can trigger IRS penalties. He emphasizes that an extension gives more time to file—not more time to pay—and that unpaid taxes after April 15, 2026 may incur interest and late-payment penalties, with the IRS generally expecting at least 90% paid by the deadline. The video walks through estimating tax liability and completing Form 4868 lines for total tax, payments, balance due, and amount paid with the extension. He details three ways to extend: making an electronic extension payment, e-filing Form 4868, or mailing a paper Form 4868 with proof of mailing, plus special rules for taxpayers abroad and disaster relief.

00:00 Tax Deadline Stress

00:31 Extension Basics

01:12 Deadlines and Payment Rule

02:06 Estimate What You Owe

02:52 Three Ways to Extend

04:22 Special Situations

05:16 Key Rules and Reminders

06:03 Three Takeaways

06:39 Wrap Up and Subscribe

Subscribe for more tips and strategies tailored for business owners and high earning professionals.

On this channel, Stephen Lee shares proven strategies to help high earners, business owners, and professionals keep more of what they make, minimize taxes, and build lasting wealth.

Whether you’re optimizing your S-Corp, investing smarter, or managing 1099 income, this channel gives you the tools to make confident money moves — backed by real client experience.

Subscribe for smart, actionable advice — and take control of your financial future.

The information provided on this channel is for general information and entertainment purposes only. It is not intended to serve as legal, financial, or tax advice. You should not act or refrain from acting on the basis of any content included on this channel without seeking appropriate legal, tax, or other professional advice specific to your individual circumstances. The use or reliance on any information contained on this channel is solely at your own risk.