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My tax liability this year might be $250k unless I come up with something
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Date: September 24th, 2025 9:33 PM Author: Histrionic nudist lodge Income about a million this is SP
Should I just leave a lot in the firm? |
Date: September 24th, 2025 9:35 PM Author: Spruce genital piercing address Good luck bro taxes are evil (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49299981) |
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Date: September 24th, 2025 9:37 PM Author: Histrionic nudist lodge Yeah it’s topping out over a million in income but I have a note to pay back and then taxes I guess. I dunno I need an accountant. What I do know is I’m paying off my house my cars my student debt and putting the rest in some vanguard stuff Im definitely rolling w this team for the foreseeable future |
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Date: September 24th, 2025 9:39 PM Author: Spruce genital piercing address What’s your job? (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49299996) |
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Date: September 24th, 2025 9:41 PM Author: Histrionic nudist lodge Law firm partner. (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300000) |
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Date: September 24th, 2025 9:43 PM Author: Spruce genital piercing address Are you hiring? (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300005) |
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Date: September 24th, 2025 9:43 PM Author: Histrionic nudist lodge Yes.
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Date: September 24th, 2025 9:50 PM Author: Spruce genital piercing address What are of law? (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300037) |
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Date: September 24th, 2025 9:53 PM Author: Histrionic nudist lodge Anything that makes 1/3 to 40 percent worth it on good claims. So PI med mal product liability premises stuff. Very good interesting and fun Problem always is that associates who say they want litigation work always puss out and just want to screw around so are not helpful in the end |
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Date: September 24th, 2025 9:53 PM Author: Spruce genital piercing address PI? That’s not really my thing. I’m Ryan Sun, Esq. (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300076) |
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Date: September 24th, 2025 9:59 PM Author: Histrionic nudist lodge Okay. Well I answered your question (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300146) |
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Date: September 25th, 2025 11:15 AM Author: high-end dilemma regret (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302060) |
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Date: September 25th, 2025 11:17 AM Author: Mauve Resort Mad-dog Skullcap (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302071) |
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Date: September 24th, 2025 9:41 PM Author: Exciting indigo institution goyim I have a similar problem. Does buying a nice office building or something reduce it? (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300001) |
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Date: September 24th, 2025 9:43 PM Author: Histrionic nudist lodge I think so. Apparently that is legit. I had that offered to me at one point many years ago— to go into part ownership on real estate. I passed because the guy I was doing domestic law w wanted me to commit to 5 years of custody horseshit first. (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300006) |
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Date: September 24th, 2025 9:53 PM Author: Exciting indigo institution goyim Seems like a good idea tbh (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300068) |
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Date: September 24th, 2025 10:00 PM Author: Histrionic nudist lodge Great you do five years of custody disputes among 30 year olds sounds like a winner ps don’t buy a gun (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300153) |
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Date: September 24th, 2025 10:31 PM Author: Exciting indigo institution goyim I mean buying a building (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300382) |
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Date: September 24th, 2025 10:51 PM Author: Histrionic nudist lodge oh fpr sure
black mold is a bitch |
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Date: September 24th, 2025 9:57 PM Author: provocative hominid site Just 250k? I paid $200 on 600k in income last year (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300129) |
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Date: September 24th, 2025 10:01 PM Author: Histrionic nudist lodge Yeah it’s like $900k and I am married but I just realized I have to pay taxes on $100k I pay for note first. So add that in too taxes on a million. (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300168) |
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Date: September 24th, 2025 10:34 PM Author: excitant doctorate becky Aren’t you LIB AS FUCK
why don’t u pay YOUR FAIR SHARE |
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Date: September 25th, 2025 11:07 AM Author: Maroon blathering parlor fanboi (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302042) |
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Date: September 25th, 2025 2:08 PM Author: fragrant narrow-minded forum (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302544) |
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Date: September 24th, 2025 10:35 PM Author: Floppy Ocher Quadroon Spaceporn is a partner? (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300399) |
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Date: September 24th, 2025 10:50 PM Author: Histrionic nudist lodge duh. could that mean the people here who post bullshit about SP like they are paid to do it are lying about me in other ways? (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300449) |
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Date: September 24th, 2025 11:02 PM Author: Floppy Ocher Quadroon Is your law firm ok with you using racial slurs on AutoAdmit? (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300467) |
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Date: September 24th, 2025 11:03 PM Author: Histrionic nudist lodge Ask Boner Police circa 2019 (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300470) |
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Date: September 24th, 2025 11:10 PM Author: Pearly nursing home sex offender play heads-up poker with me, lose big, write off the losses, and then we'll do it again next year (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300481) |
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Date: September 24th, 2025 11:11 PM Author: Histrionic nudist lodge Ask me in three years (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300483) |
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Date: September 24th, 2025 11:12 PM Author: diverse scourge upon the earth garrison I see no indication here that you are anything other than a 20th-year associate https://emrochandkilduff.com/attorneys/ |
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Date: September 24th, 2025 11:13 PM Author: Histrionic nudist lodge Crazy right? I literally own the website and could make changes if m y. Shift was at issue. (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300487) |
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Date: September 24th, 2025 11:14 PM Author: diverse scourge upon the earth garrison sure bud sure (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300488) |
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Date: September 24th, 2025 11:16 PM Author: Histrionic nudist lodge Omg reality is all online amirite? Face it you were gullible listening to the obvious retards |
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Date: September 24th, 2025 11:19 PM Author: diverse scourge upon the earth garrison sure bud sure (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300497) |
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Date: September 24th, 2025 11:17 PM Author: Razzle-dazzle tanning salon he has ostensibly been a full-fledged “partner” for years but for some reason was completely oblivious to k-1 statements until just now. (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300491) |
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Date: September 24th, 2025 11:17 PM Author: diverse scourge upon the earth garrison odd case, very interesting! (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300492) |
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Date: September 24th, 2025 11:24 PM Author: Histrionic nudist lodge Don’t even know what that is fancy pants because I have not had a tax liability of $250k before. If you have legit advice on OP topic feel free (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300504) |
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Date: September 25th, 2025 10:51 AM Author: Slate stead i am not questioning that your income is what you say it is, but there's no way you wouldn't be familiar with how a k-1 works if you'd been a "true" partner before this year. i remember getting my first one in biglol back in 2018 and i was like what is all this 50 pages of bullshit that makes no sense, i'm used to a one-page W-2. (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302006) |
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Date: September 25th, 2025 11:10 AM Author: jade hairless trust fund “Should I just leave a lot in the firm” to lower my tax bill tp
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Date: September 25th, 2025 11:19 AM Author: Slate stead you can just write it off (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302081) |
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Date: September 25th, 2025 3:05 PM Author: Histrionic nudist lodge Is that bad? (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302701) |
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Date: September 25th, 2025 11:17 AM Author: Mauve Resort Mad-dog Skullcap (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302073) |
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Date: September 25th, 2025 12:10 AM Author: Slate stead 180. I hope to get there one day but it’s unlikely. I should make around 600-700 next year tho. (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49300580) |
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Date: September 25th, 2025 11:14 AM Author: appetizing therapy hunting ground how is leaving money in the firm going to save you taxes? are you not a k-1 partner? (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302059) |
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Date: September 25th, 2025 11:16 AM Author: jade hairless trust fund The firm doesn’t have a tax partner and so is formed as a C corp (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302068) |
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Date: September 25th, 2025 11:24 AM Author: appetizing therapy hunting ground normally the strategy in that case would be to try to zero out corporate taxable income with compensation deductions (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302093) |
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Date: September 25th, 2025 11:34 AM Author: Bipolar ape What are good compensation deductions for that much money (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302122) |
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Date: September 25th, 2025 11:35 AM Author: appetizing therapy hunting ground 🤔
wages? bonuses? |
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Date: September 25th, 2025 12:57 PM Author: vivacious kitty cat You pay out all profits in salaries/bonuses (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302355) |
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Date: September 25th, 2025 3:13 PM Author: Bipolar ape You can’t just build a $250k theater room in your office? (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302734) |
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Date: September 25th, 2025 1:12 PM Author: jade hairless trust fund “No, no. You see if you leave it all in the corp then you can transform it into capital gain. Lower rates, no self employment taxes, and you can defer paying your personal taxes until you take the money out. It’s wins all around!”
[Your tax accountant stares at you in horror] |
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Date: September 25th, 2025 12:58 PM Author: trip disrespectful house ladyboy OP is an idiot (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302360) |
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Date: September 25th, 2025 12:55 PM Author: Slate stead spaceporn, what is your retirement plan? you can do a self-employed 401k and put in like 66-67k. actually since you are over 50, you can add a few grand to that. if you're making that much, you should 100% be doing that. (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302352) |
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Date: September 25th, 2025 3:07 PM Author: Histrionic nudist lodge I was just going to stick like $200k into a vanguard account. (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302709) |
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Date: September 25th, 2025 12:58 PM Author: Insane brindle boiling water chapel Ask your accountant about the "foreign exchange tax avoidance scam." You'll pay $0. (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302361) |
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Date: September 25th, 2025 1:14 PM Author: Slate stead if i make equity next year, i have to start a "personal corporation". how ttt is this? (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302408) |
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Date: September 25th, 2025 1:19 PM Author: Insane brindle boiling water chapel wym, that's the best possible tax avoidance, isn't it? (aside from the forex scam) (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302428) |
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Date: September 25th, 2025 1:20 PM Author: Slate stead i dunno, i think it looks dumb on the website.
i kinda regret leaving biglaw tbh but i was at a ttt biglaw firm |
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Date: September 25th, 2025 1:02 PM Author: submissive prole nowag Spend the money on a new son or 2 so you can deduct the purchase from your taxes (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302374) |
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Date: September 25th, 2025 1:17 PM Author: fuchsia kitty community account if u have a corp then wtf arent u maxing on "expenses" (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302419) |
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Date: September 25th, 2025 3:08 PM Author: Histrionic nudist lodge We was all scared. We are doing that more in 2026 no doubt (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302715) |
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Date: September 25th, 2025 1:20 PM Author: jade hairless trust fund SP’s admin: “Someone calling himself Ambassador Billy Long is on the line. He says he wants to talk to you about purchasing tribal tax credits?” (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302431) |
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Date: September 25th, 2025 1:41 PM Author: Spruce genital piercing address https://autoadmit.com/thread.php?thread_id=5777923&mc=55&forum_id=2
how did you earn an extra $400k in a week? you're at CSLG levels |
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Date: September 25th, 2025 1:50 PM Author: magenta idiot Heavy car 100% depreciate Office building and renovation costs
Were my top 2 |
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Date: September 25th, 2025 1:54 PM Author: Autistic Multi-billionaire University seems low, ive already had 190K withheld on 600k so far this year and i always end up owing more due to under withholding and dividends (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302517) |
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Date: September 25th, 2025 1:56 PM Author: high-end dilemma regret You're a wagecuck, not a rainmaker law partner. (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302521) |
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Date: September 25th, 2025 1:58 PM Author: Autistic Multi-billionaire University thats the difference (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302524) |
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Date: September 25th, 2025 2:06 PM Author: high-end dilemma regret (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302538) |
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Date: September 25th, 2025 2:00 PM Author: appetizing therapy hunting ground why did op disappear once the tough questions started being asked (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302530) |
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Date: September 25th, 2025 2:07 PM Author: Spruce genital piercing address weird, that rarely happens around here (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302541) |
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Date: September 25th, 2025 2:10 PM Author: high-end dilemma regret no wifi in the playroom (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302554) |
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Date: September 25th, 2025 2:10 PM Author: claret vigorous office background story I pay more tax as a doctor. I put about 50k into solo401k and another 40k in w2 401k, 457k. But that's about it, and that's not really a deduction... (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2#49302551) |