u/AscendTaxLLC

Hi everyone! I'm the owner of a tax firm that works with individuals and small businesses, and I thought I'd do an AMA.

I've helped clients with:

• LLCs and S Corps
• Partnerships
• Self-employment taxes
• Bookkeeping questions
• Estimated tax payments
• IRS notices
• Tax planning
• Deductions and write-offs
• Multi-state tax questions
• New business tax setup

Whether you're a freelancer, contractor, business owner, or just trying to understand your taxes better, ask away.

I'll answer as many questions as I can today. If I don't know enough about your situation, I'll tell you what additional information would matter rather than guessing.

A few ground rules:

• Please don't post personal information like your SSN or full EIN.
• My answers are general information and not individualized tax advice.
• If your situation is unusually complex, I'll explain why and point you toward the next step.

Fire away! What's your tax question?