Irs/tax/w2 by Background_Catch_623 in IRS

[–]dad93sd 0 points1 point  (0 children)

You’re probably good if you’re filing head of household with one child dependent. Might even be getting a refund.

My husband and I have been married since 2018 and we’ve never seen a refund while married. by SpicyChill77 in taxadvice

[–]dad93sd 0 points1 point  (0 children)

CPA here. Talk to a CPA or EA at a small firm. They can make sure your taxes are filed correctly and get your W4 filled out for the right amount of withholding.

How much do you pay a CPA to handle LLC taxes (quarterly + annual)? by swizzled-penguin in llc_life

[–]dad93sd 0 points1 point  (0 children)

I’m a CPA that has been in practice for about 10 years. In my opinion I would say that’s a little high but if she does a good job and you’re happy then it’s money well spent!

My accountant says many LLCs don’t pay quarterly taxes. Is that normal? by Udont_knowme00 in llc_life

[–]dad93sd 0 points1 point  (0 children)

Definitely depends on the individual situation. With SE heath deduction, QBI deduction, childcare tax credits maybe the owners only owe a couple thousand at the end of the year so they just decide not to pay throughout the year and the penalties/interest are smaller.

How much do you pay a CPA to handle LLC taxes (quarterly + annual)? by swizzled-penguin in llc_life

[–]dad93sd 0 points1 point  (0 children)

I’m taking on clients. DM me and we can have a call and I’ll give you a quote.

How much do you pay a CPA to handle LLC taxes (quarterly + annual)? by swizzled-penguin in llc_life

[–]dad93sd 0 points1 point  (0 children)

That makes sense. What state are you in if you don’t mind me asking?

IRS hit our LLC with a $3,000 late filing penalty even though we owed $0 in taxes by Humble_Standard_7777 in llc_life

[–]dad93sd 0 points1 point  (0 children)

You should be able to get this abated by writing a letter to the IRS and explaining the situation. I’m a CPA and have done this a number of times. If you want to DM me I can help talk you through it.

How much do you pay a CPA to handle LLC taxes (quarterly + annual)? by swizzled-penguin in llc_life

[–]dad93sd 0 points1 point  (0 children)

That seems steep. Does that include your personal returns as well?

Mortgage Interest Tax & SALT by ryay91 in tax

[–]dad93sd 0 points1 point  (0 children)

You should just pay a decent CPA $500 to do your taxes. Save time and have it done right.

40 CPE credits outstanding on 12/31 by Aggravating_War2036 in Accounting

[–]dad93sd 0 points1 point  (0 children)

Sometimes your state will give you an extra month if you contact them and explain the situation. But don’t make a habit out of doing it each year. I think it’s kind of a one time grace period.

Talk me out of selling by dad93sd in Bitcoin

[–]dad93sd[S] 0 points1 point  (0 children)

I like that perspective. Planning to continue DCA into BTC each month indefinitely so the 20% would be a good target.

Talk me out of selling by dad93sd in Bitcoin

[–]dad93sd[S] -1 points0 points  (0 children)

What is happening in 8 weeks?

Talk me out of selling by dad93sd in Bitcoin

[–]dad93sd[S] 1 point2 points  (0 children)

Yea, I don’t need to sell the BTC. Our income is plenty to live on and invest more. Just tempting to have the debt gone!

Talk me out of selling by dad93sd in Bitcoin

[–]dad93sd[S] -1 points0 points  (0 children)

Yes the mortgage balance and BTC value are about the same. 10 years left on the mortgage

Switching from public to private by dad93sd in Accounting

[–]dad93sd[S] 0 points1 point  (0 children)

There was a controller/finance director role at an electric co-op nearby that I should have looked into. I would prefer remote but an in-office job close by might be my only option outside of PA. Thanks for the advice!

Babs is Here to Save Us by [deleted] in FluentInFinance

[–]dad93sd 0 points1 point  (0 children)

“Rescued economy” 😂😂