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Posted on 4/15/16 at 10:45 am to slinger1317
quote:
Around 20K Fed/State due with the return. Then quarterly estimate due at the same time.
Small business owner
Hell Yeah, high five for owning living the American dream and starting your own business!
and there it is!
Posted on 4/15/16 at 10:49 am to Chad504boy
quote:
do you think extensions raise the audit possibility at all?
I've read and been told by a CPA that it actually lowers your chances of being audited.
I don't know how true that is though.
Posted on 4/15/16 at 10:51 am to Broke
$10k Fed, $1,700 State, and $4k Fed & State 1st qtr estimate...
and a big
to all the freeloading asshats. I hope you choke on it.
and a big
to all the freeloading asshats. I hope you choke on it.Posted on 4/15/16 at 10:52 am to Broke
I was thrilled that we kept it slightly under $4k this year. 
Posted on 4/15/16 at 10:55 am to Napoleon
You can't have it both ways
Not showing a profit, or showing a minimal profit is foolish, IMO.
Yes, pay quarterly, and do withholdings on your salary. You can do a % of last year's profit as a safe harbor to avoid penalties.
Not showing a profit, or showing a minimal profit is foolish, IMO.
Yes, pay quarterly, and do withholdings on your salary. You can do a % of last year's profit as a safe harbor to avoid penalties.
Posted on 4/15/16 at 10:55 am to Broke
Deadline to file and pay is July 15th for myself and my clients.
Posted on 4/15/16 at 10:55 am to N2cars
quote:
You can't have it both ways
tnwss
Posted on 4/15/16 at 10:58 am to Chad504boy
Turns out, there's a whole list of things she won't do.
Posted on 4/15/16 at 10:59 am to Broke
I got $6k back
Posted on 4/15/16 at 11:03 am to Broke
IRS owes me a lot of money
Posted on 4/15/16 at 11:04 am to Broke
trick questions real balla's put their money in swiss bank accts and find awesome tax loopholes to 0 out their tax burden
Posted on 4/15/16 at 11:06 am to Broke
They paid me Gotta love being a college student for the first half of last year!
Gotta love being a college student for the first half of last year!
Posted on 4/15/16 at 11:06 am to guedeaux
quote:
$123
If you wrote a $123 check, you didn't loan them any money at 0% interest and actually setup you withholding fairly accurately.
This post was edited on 4/15/16 at 11:07 am
Posted on 4/15/16 at 11:08 am to Broke
$7500
Posted on 4/15/16 at 11:11 am to slinger1317
It's amazing how we get screwed.
Posted on 4/15/16 at 11:12 am to Broke
-5900 ?
Posted on 4/15/16 at 11:14 am to tke857
quote:
trick questions real balla's put their money in swiss bank accts and find awesome tax loopholes to 0 out their tax burden
Do you even FATCA bro?
Posted on 4/15/16 at 11:20 am to Broke
I owed state $50
I owed feds $1500
:sadnana:
I owed feds $1500
:sadnana:
Posted on 4/15/16 at 11:21 am to redstick13
quote:
<<<< Tax exempt.
How?
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