I need to plan for est tax payments. Love your newsletters. Only relief is that, someday, in about 5 years, your joint taxes come down a bit. They made no provision to permit you to take it as a business expense and reduce your self-employment income.
Corporations can do it.
So if you sit down with your tax pro and do some planning, you'll also be able to reduce this year's estimated payments. Stay tuned, in the next couple of weeks, I'll be writing some planning tips on how to use the new law. Our Privacy Policy Certain graphics on this site were especially created for TaxMama by Serenata of Serenata. Site hosted by WebWizards.net.