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Is myGEMMA legit to buy watches 👀??
Just got on the XYO train 🚂 🚀🌛🌜
Send it 🚀
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While I do understand… you are out of touch lol. You are spending too much money. That’s your problem. I hope this is a joke.
I didn’t say you were struggling. I said you were spending too much money. There is a difference.
They allow you to advise clients? Sheesh
? I'm not a tax attorney and clients have 0 issues complaining about their own bills often for stupider reasons
You’re not losing 200k per year in taxes.
Yes, he prob is. You don’t need to make that much to lose $200k in taxes. In CA being a mid level easily gets you there - even if your w-2 is your only source of income.
How do you pay 200k a year in taxes?
I’d say counsel jobs are around that range generally at biglaw no? With senior associate a bit lower. Oh what a dream it is to chill as a forever counsel at my firm… so jealous!
Maybe talk to a CPA and your firm? Maybe you can get your originations paid to your llc so you write stuff off?
I have no origination. Just a Biglaw W2.
State income taxes are the most outrageous.
Taxation is theft.
Seems to be a simple solution: remove yourself from the social contract. Good luck.
So switch from w2 to self employed. Lol
Make less money
Its BS the highest federal tax bracket is ~450k.
Yea! The highest bracket should for sure be higher both on rate and threshold. Also tax cap gains as income - solves so many issues.
Boo. Hoo.