Taxes, without the panicQuarterly Estimated Tax Calculator: What Should You Set Aside?Do not guess 30%: run the real math. On $100,000 a year of freelance profit, a single filer owes $25,745.30 for 2026, so set aside $6,436.33 a quarter, an effective rate of 25.7%. Paying at least 90% of this year's tax, or 100% of last year's (110% if last year's income topped $150,000), switches the underpayment penalty off.Self-employed and freelancers
Paying and planning your taxes when no employer withholds for you: quarterly set-asides, extension penalties, and registered room.
Taxes, without the panicQuarterly Estimated Tax Calculator: What Should You Set Aside?Do not guess 30%: run the real math. On $100,000 a year of freelance profit, a single filer owes $25,745.30 for 2026, so set aside $6,436.33 a quarter, an effective rate of 25.7%. Paying at least 90% of this year's tax, or 100% of last year's (110% if last year's income topped $150,000), switches the underpayment penalty off.
Taxes, without the panicMissed Tax Extension Deadline: What It Costs in 2026Missed the October 15, 2026 tax extension deadline? The exact penalty math: $100/month failure-to-file, 0.5%/month, 7% interest, plus the fix.
Taxes, without the panicTFSA Contribution Room Calculator: Know Your Real Room for 2026TFSA contribution room calculator: find your real 2026 room, dodge the CRA's 1%-per-month penalty, and track RRSP + FHSA too.