withholdings

  1. MikesUber

    Quarterly Taxes are 46% of Net Earnings? Really?

    So for quarterly tax prep my CPA is telling me the following: 46% of net earnings 25% Fed 15.3 % FICA 3.07% State 3% City Pittsburgh, PA Having zero experience with taxes, is this remotely correct? I've read about 25-30% is what should be set aside for taxes. But nearly half? That seems way...
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