Quarterly

My W-2 job drastically increased my tax withholding, does that mean I can safely stop making quarterly estimated payments for my LLC?

A larger W-2 withholding amount can affect how much estimated tax is needed, but the answer often depends on the LLC’s expected profit, how the business is taxed, and whether the withholding is being treated as sufficient to cover both wage income and pass-through income. In many cases, the key ques

Talk it through with a licensed KGOB CPA and leave with a clear next step. Browse more questions