Forum Discussion
YC_1
Oct 26, 2014Nomad
My accountant charges about $300 an hour. That is to make sure I don't cheat the feds or state and mostly to make sure I don't end up in jail because of an oversight. My annual Accountant charges are $8000 and up. I do my own payroll and withholding but doing the quarterly reports is just to critical to do them myself. We do our own sales tax reporting but that is another issue itself.
Sold a piece of my business that I invented, designed, developed, marketed and then had to pay 1/3 of it to the Feds and State for taxes. They also penalized my regular income because I was supposed to know I would close this sale and should have pre-paid taxes on that income.
Makes me sick thinking how big that check was that I sent to the feds. Yep, another greedy corporate business owner here.
Thought I was done. Guess not.
Sold a piece of my business that I invented, designed, developed, marketed and then had to pay 1/3 of it to the Feds and State for taxes. They also penalized my regular income because I was supposed to know I would close this sale and should have pre-paid taxes on that income.
Makes me sick thinking how big that check was that I sent to the feds. Yep, another greedy corporate business owner here.
Thought I was done. Guess not.
About Travel Trailer Group
44,052 PostsLatest Activity: Oct 14, 2025