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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: Pajeet Singh Income about a million this is SP
Should I just leave a lot in the firm? |
Date: September 24th, 2025 9:35 PM Author: Nippon Professional Baseball 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: Pajeet Singh 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: Nippon Professional Baseball 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: Pajeet Singh 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: Nippon Professional Baseball 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: Pajeet Singh Yes.
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Date: September 24th, 2025 9:50 PM Author: Nippon Professional Baseball 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: Pajeet Singh 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: Nippon Professional Baseball 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: Pajeet Singh 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: Judas Jones (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: Paralegal Gianfranco (✅🍑) (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: app store of value 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: Pajeet Singh 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: app store of value 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: Pajeet Singh 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: app store of value 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: Pajeet Singh oh fpr sure
black mold is a bitch |
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Date: September 24th, 2025 9:57 PM Author: George Jetson 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: Pajeet Singh 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: N904PD 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: retarded loser area 51 fuckhead here, (http://www.autoadmit.com/thread.php?thread_id=5779690&forum_id=2],#49302042) |
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Date: September 24th, 2025 10:35 PM Author: seething mediocre white guy 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: Pajeet Singh 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: seething mediocre white guy 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: Pajeet Singh 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: Juan Eighty 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: Pajeet Singh 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: .,..,....,...,.,.,...;,,..:::.....,......,,.,.,.. 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: Pajeet Singh 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: .,..,....,...,.,.,...;,,..:::.....,......,,.,.,.. 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: Pajeet Singh 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: .,..,....,...,.,.,...;,,..:::.....,......,,.,.,.. 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: prole 10yo with heartbreaking youtube channel 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: .,..,....,...,.,.,...;,,..:::.....,......,,.,.,.. 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: Pajeet Singh 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: humphrey's (((executor))) ((zurich is stained)) 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: Emperor CRISPR Chad von Neumann III “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: humphrey's (((executor))) ((zurich is stained)) 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 11:17 AM Author: Paralegal Gianfranco (✅🍑) (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: humphrey's (((executor))) ((zurich is stained)) 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: .,.,.;.,..,..,.,:.,:,..,..,::,..,:,.,.:,..:.,:.:, 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: Emperor CRISPR Chad von Neumann III 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: .,.,.;.,..,..,.,:.,:,..,..,::,..,:,.,.:,..:.,:.:, 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: ....,,....,,... 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: .,.,.;.,..,..,.,:.,:,..,..,::,..,:,.,.:,..:.,:.:, 🤔
wages? bonuses? |