Every year, I visit a different accountant (one accountant I keep around just for kicks)… That’s after I’ve done my own taxes on turbotax… just to see if I’m doing my taxes wrong…
Every year, the accountant pretty much, charges me $300-400, spends 1 maybe 2hrs reviewing my taxes, and tells me… Nope, you’re pretty much screwed….
I’m getting killed absolutely at taxable income… Ever since companies switched over from stock options to RSU’s, I’m absolutely getting reamed. Shares that vest that I don’t sell end up getting counted as taxable income.. And with a tech company that changes quickly, I’ve learned never to hold on *that* long to realize LT capital gains (otherwise, it might end up being a LT capital loss…lol…)…
And property taxes (or any paid taxes) end up washing out on my itemized deductions from AMT…..
Short term trading (not day trading) doesn’t help either….
My neighbor owns his own medical practice.. Don’t even get me started on all the tax incentives he has…
“Paying fair share of taxes”… Don’t even get me started….
Anyway, got to go pick up a customer from the airport now..