How does MoneyFeed keep my books tax-ready?

You text your income and expenses to MoneyFeed on WhatsApp (or snap a receipt). It logs each item, auto-categorizes it to the correct tax line (IRS Schedule C in the US, VAT/income tax elsewhere), and keeps a CPA-ready summary you can export as PDF, CSV or Excel.

Yes, MoneyFeed has a free plan. Pro ($19/mo) adds mileage tracking, receipt scanning, quarterly tax estimates and CPA exports; Business ($39/mo) adds team expense capture and bank auto-import.

Which countries does MoneyFeed support?

The US (Schedule C / 1040-ES), the UK, Canada, and the GCC (UAE & Saudi Arabia VAT), with multi-currency support.

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February 10, 2026·6 min read

Quarterly Estimated Taxes: A Simple Guide for the Self-Employed

Because taxes aren't withheld from your freelance income, the IRS expects you to pay as you earn — in four quarterly installments. Miss them and you can owe penalties even if you pay in full by April.

Who needs to pay?

Generally, if you expect to owe $1,000 or more in tax for the year, you should make quarterly estimated payments.

2026 quarterly deadlines

Q1: April 15, 2026
Q2: June 15, 2026
Q3: September 15, 2026
Q4: January 15, 2027

How to calculate each payment

Estimate your annual net profit, apply self-employment tax (15.3%) plus your income tax bracket, then divide by four. Our free calculator does this in seconds.

Never miss a deadline

MoneyFeed estimates each quarter's payment from your real income and expenses, keeps a running "tax jar" target, and sends a WhatsApp reminder before every due date — so a penalty never sneaks up on you.

Do your bookkeeping from WhatsApp

Text your expenses, track mileage and get tax-ready reports — automatically.

Keep reading

How to Track Business Expenses as a Freelancer (2026 Guide)Schedule C Categories Explained: A Freelancer’s Cheat Sheet Self-Employment Tax Explained: How Much Should You Set Aside?