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Personal Finance (Not Investing) • $700k Tax Bill

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I co-founded an 125 person company, we hired one of the largest accountancies in the world for our corporate taxes and eventually they convinced us to pay their (exorbitant) fees to prepare our personal income taxes so our corporate and personal filings were in synch.

This gave me access to some of the sharpest tax accountants in the world. in the end, their advice was to simply pay my taxes and focus on building the company. When we sold the company, they did earn their fees many times over.

Good luck.

Statistics: Posted by gips — Thu Jan 04, 2024 3:28 am — Replies 75 — Views 11995



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