Taxes
#1
#3
#4
Taxes
Just got mine done last night.
Being self employed, I usually don't pay enough.
Well this year I was on the ball![img]i/expressions/face-icon-small-smile.gif[/img]
BUT![img]i/expressions/face-icon-small-mad.gif[/img] Come to find out, the new Co. that my wife works for was only taking 8% out for Federal.[img]i/expressions/face-icon-small-mad.gif[/img]
Obviously, we are in a much higher tax bracket than that.
So we owe again!
[img]i/expressions/face-icon-small-mad.gif[/img][img]i/expressions/face-icon-small-disgusted.gif[/img]
Good luck to everyone else.
Being self employed, I usually don't pay enough.
Well this year I was on the ball![img]i/expressions/face-icon-small-smile.gif[/img]
BUT![img]i/expressions/face-icon-small-mad.gif[/img] Come to find out, the new Co. that my wife works for was only taking 8% out for Federal.[img]i/expressions/face-icon-small-mad.gif[/img]
Obviously, we are in a much higher tax bracket than that.
So we owe again!
[img]i/expressions/face-icon-small-mad.gif[/img][img]i/expressions/face-icon-small-disgusted.gif[/img]
Good luck to everyone else.
#5
#6
#7
Taxes
Just FYI, if they want to audit you they will [img]i/expressions/face-icon-small-smile.gif[/img] Back when I was in the partnership, we did the extension thing every year....Still got audited, I think twice in that time. And they still never found the account in the caymen Islands [img]i/expressions/face-icon-small-wink.gif[/img] Shhhh!!!!
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#8
Taxes
Oh yes your right. If you pick the lucky number, you get it no matter what. But the extensions throws you out of the normal picking order. Normally it is looked upon as someone trying to get it all right. My accountant does not condone it, but I try anything I can, as long as its legal.
#10