So recently, I made a change into consulting and started making over six figures. I’ve always done my own accounting taxes for everyone in the family however, this year I was totally unprepared as I’ve never made this amount before and now I find myself owing quite a bit of money. Does anyone have any suggestions about finding a financial advisor getting an accountant? I didn’t think I made that much money For this to become an issue so fast. HELP

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Depends on what your money needs are but the best advice is always Max out 401k, Roth IRA, HSA first to reduce TI.

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I actually want to try to live on my previous salary in save the rest so I think this is great advice. I definitely still need an accountant to try to help me with these taxes this year.

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CPA they are all over Facebook and I’m sure in any bowls here as well. Hopefully you can find a good one and stick with them. Since your consulting it would be nice to be able to go to the same person every year. My friend used to change her withholding for 6 months. I know that helped her as well to not owe as much taxes. CPA will also help with what to write off etc.

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Are you in the US? If so are you paid on a W-2 or are you an independent contractor?

I’m in the US full time W-2 employee

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