Ok, tax time around. LLC S-corp. My wife has her W2 and I do have mine. The profit is $100k. My tax accountant says I have to pay our tax bracket on this profit. In our case 30%. So $30k in taxes.

I get that I have to pay taxes but what is the best way to deal with this? I can’t predict the year end profit so I don’t want to pay quarterly.

How do you deal with this?

  • ellllllllle4@alien.topB
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    10 months ago

    I’m a CPA… specializing in tax. Get a better accountant. I don’t know you and can come up with a list of things you can do to lower your tax liability.