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Money and Finances
Reply to "Taxes and Non-Equity Partnership"
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[quote=Anonymous]Quick background: I do our taxes. turbo tax, for all its faults, is pretty easy to use and has served us well. DH was just made a non-equity partner at his firm. This change apparently changes the taxes as we now have to do quarterly reporting. Q: If you or spouse (heck, or both) made partner, were you able to continue to do your own taxes or did you have to hire someone to do them? I want to be prepared for either situation and start looking for someone or making sure I have all the right forms/tools to manage. With the new taxes/responsibilities we're not looking at any rise in income so it would be nice if I could continue to manage but I also don't want to be penny wise and pound foolish and seriously mess something up. Thanks for your help. [/quote]
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