Newish K-1 Partner here. Who do folks use for taxes? I have been disappointed with my current firm. Have heard decent things about Andersen Tax. Any other recommendations- especially in the Chicago area?

like
Posting as :
works at
You are currently posting as works at

Sorry nothing specific but make sure they understand partnership / K-1 tax structures in depth.

like

This. I went with a personal referral to a - seemingly - experienced tax preparation firm that charged $6k (!!!) in my first year as partner. I had to use an independent tax preparer and sadly got a bad referral.

They were not well-versed in K1 at all, made many errors, attempted to further inflate the rate working through their errors. Was a disgrace.

K1 experience is the most important criterion.

like

Having the same issue. If anyone has a good referral please let me know. Also in Chicago area.

like

TurboTax - not sure what would be complicated if you have a K1

funny

Sure - I have been on K1s with various firms and there is no special magic to a K1- unless you have significant other business interests or special international tax/family situations, TurboTax will do the same/better job than a tiny accounting firm that will charge you 2-3k for your personal return. Just my experience for the past 15 years.

Related Posts

Howdy! I’ve been a small business owner for longer than my stay in public school. Thanks for making this page! My wife and I run a photo imprinting business in our home, making photo t-shirts (also screen printed), coffee mugs, Christmas ornaments and a lot more stuff. I also own a firearms training business and am in the process of trying to start an axe throwing range. Lots of fun!!!fi

like

Any tripwire pros here? How did you get started?

like

So I'm being served questrade ads non stop right now on the streaming machine and I'm seeing the whole collection of them. They make me cringe and downright angry. Is it just me?

like

Guys how much is expected pay in Capgemini for BI consultant Role for 8yrs exp..n how is Job Security n work culture with Onsite opportunities in Capgemini?

like

Hello all,

I have joined Capgemini on last week they took for development project and now they assigned to admin related projects.
I am not interested in admin related projects.
What can I do ?
And if I quit from cg need to serve notice period?

like

Has anyone faced this that Capgemini HR expect you to respond fast till they collect documents. After that they stop responding. This is frustrating and funny as in why to waste everyone’s time

like

Anyone subleasing a place for June and possibly July? Looking for a 2 bed if possible. Thanks!

like

Hello! I've been struggling the last few weeks because someone on my team has been taking credit for my work. This coworker is really good with buzzwords and getting the attention of upper management. I'm feeling discouraged - what should I do?

likefunny

I have recently received offer from Wipro can some help me with the take home Salary per month

Post Photo
like
like

What is the package that accenture is giving for 5 yoe experienced full stack dev(bangalore)
I asked for 17 and they say that it is ‘VERY’ high as per accenture pay.

Hi Fishes
I have an offer from GlobalLogic , can anyone please share reviews of this organization .
Thanks

Hello, I got an offer of 32 LPA from CBA but the variable is 5 L. I want to know the % of variable payout per year? Also, how is the work culture and what are the perks and benefits of working over there?

like

NYC: Looking for a partner at a big agency here in the city. Ideally Senior though, feel free to reach out if you’re mid. Can’t say where at this point. DM your books to learn more. Sorry for be so vague in this post. Thanks in advance!

like

Anyone from google within the uk open to referring me for some partner marketing and content strategy roles? It’s my top company and I know how much referrals help you get seen

like

I'm looking for a career transition into ui ux, I now feel confident that right now I am job ready. Can someone refer me to your company if you find my profile interesting.

like

I’m gonna short the shit the out of Peloton, hopefully will get rich enough to buy one

likefunny

What’s a good target annual earning % for interest and dividends relative to portfolio size? I am new to investing and am generally just invested in the SP500 and total stock market via index funds

Anyone looking at airline stocks or ETF play?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal