Re: [Cic-discuss] variable income & (US) taxes...

Subject: Re: [Cic-discuss] variable income & (US) taxes...
From: "Monique Semp" <monique -dot- semp -at- earthlink -dot- net>
To: "TechWR-L" <techwr-l -at- lists -dot- techwr-l -dot- com>
Date: Thu, 27 Apr 2017 07:36:26 -0700

Thanks, everyone. Iâve received quite a few off-list replies in addition to the list replies

It seems to boil down to basically doing oneâs return every quarter, keeping in mind the âpay last yearâs liability or pay 90% of this yearâs liability in order to avoid penalties.â And this approach is what I thought/assumed my accountant was doing, but she wasnât. So Iâll either have to insist that she spend more time (sheâs charging me, so I donât understand her reluctance), get a new accountant, or become my own accountant.

In other years my first quarter income was apparently representative enough for the full year such that things worked out, but in 2016 it wasnât. Which explains the results.

I appreciate the time everyone took to send me details!
-Monique
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