How much should I set aside for taxes as a self-employed professional in California?
If you’re a high-income, self-employed professional in Newport Beach, California or Corona del Mar, the right answer is not a flat percentage. You need a tax strategy tied to real income, timing, and California’s unique payment structure.
Should I form an LLC to save taxes in California?
Thinking about forming an LLC to reduce your taxes in California? Here's what actually works, what doesn't, and how to make the right decision for your situation.
Do You Need to Form an LLC Before You Start Your Business?
Most new business owners in California do not need to form an LLC right away. Katherine Leonard, CPA, CFP in Newport Beach explains what sole proprietorship actually means, what an LLC actually does, and how to decide which is right for where you are now.
Why High-Income Earners Still Owe Taxes (Even With Withholding)
Earning $300K+ in Newport Beach and still owing taxes? Katherine Leonard, CPA and CFP, explains why withholding fails high-income W-2 earners and what to do about it.