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<p>[QUOTE=&quot;paulf, post: 7116787, member: 93704&quot;]If a sole proprietor cannot budget for their quarterly tax payments, then this is a reason to go the S-Corp route and be an employee.&nbsp; You take a monthly paycheck, the payroll company takes out the federal and state taxes and submits them on your behalf and then there is not a pile of money showing in the bank account at month end for the wife to suggest a kitchen remodel, or to go out and buy a boat or Harley, or new pickup truck!!<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>I do tax resolution for clients as well, and the number one reason sole proprietor&#039;s, and small businesses in general, go out of business is because they cannot manage the tax paying part of the business.</p><p><br /></p><p>Every business is unique, so until you run your numbers in different scenarios, you will not know what entity choice will work out best for your particular situation.[/QUOTE]</p><p><br /></p>

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