What category should I expense my LLC annual tax fee to? Should it be separated from my quarterly tax payments when tracking the expense through quickbooks?Thanks!
What category should I expense my LLC annual tax fee to? Should it be separated from my quarterly tax payments when tracking the expense through quickbooks?Thanks!
What category should I expense my LLC annual tax fee to? Should it be separated from my quarterly tax payments when tracking the expense through quickbooks?Thanks!
Yes it is an expense, you can name the expense account as you wish when you create it, or use professional fees and taxes
If this is an estimated quarterly tax payments for a sole proprietor or partner it is an equity draw
What category should I expense my LLC annual tax fee to? Should it be separated from my quarterly tax payments when tracking the expense through quickbooks?Thanks!
Yes it is an expense, you can name the expense account as you wish when you create it, or use professional fees and taxes
If this is an estimated quarterly tax payments for a sole proprietor or partner it is an equity draw
Get answers fast!
Log in and ask our experts your toughest QuickBooks questions today.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
