asked
Can someone help me estimate what I would pay in Federal and State quarterly taxes as a partner of an LLC getting guaranteed payment of $150,000 per year? I am working in the state of Maine and my filing status is married filing jointly with one dependent under 17. My husband earns $40,000 from a W2 and an estimated $1,000 from a K1 (part of an S Corp).
December 30th, 2024
Can you file head of household on your federal return and single on your state return?
June 28th, 2024
What is the maximum number of exemptions an employee can claim on the IRS form W4?
November 23rd, 2023
Where can I find the Waseon County Recorders website?
May 25th, 2023
Can I file my W2s from 2003 and 2004 in 2005?
February 6th, 2023
A father owns an LLC and appoints his 18-year-old son as president, who does not work in the business or make strategic decisions, except for signing the annual corporate tax return. The LLC pays the son wages and self-employment income, which the son then uses to pay his father's personal expenses. Would the IRS consider this tax evasion?
June 21st, 2023