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For any question related to taxes and not otherwise covered by a more specific tag such as income-tax, sales-tax, capital-gains-tax etc. When asking about taxes, please also specify a country tag such as united-states, canada, united-kingdom, etc.

3 votes
3 answers
524 views

How Deductible Taxes Work When Not Withholding Taxes

I'm trying to understand how Deductible Taxes work in United States, and what I can actually deduct in the scenario where I don't have taxes withheld. … What if I chose not to withhold taxes throughout the year and instead chose to pay all my taxes at once at the time of tax filing? Or if I'm a sole proprietor and get paid from my clients? …
AlexVPerl's user avatar
  • 225
1 vote
1 answer
119 views

Tax Benefits of Business Paying for Personal Rent

Someone mentioned this to me but I didn't fully understand and would like more info. I heard that a C-Corp being a one person shop (no other employees but the owner) can pay for the full amount 100% …
AlexVPerl's user avatar
  • 225