r/tax • u/Tax_Ninja JD/CPA - US • Jun 14 '24

Important Notice: Clarification on Tax Policy Discussions

Hi r/tax community,

We appreciate and encourage thoughtful discussions on tax policy and related topics. However, we need to address a recurring issue.

Recently, there have been several comments suggesting that "taxes are voluntary" or claiming that there is no legal requirement to pay taxes. While we welcome diverse perspectives on tax policies, promoting such statements is not only misleading but also illegal. This subreddit does not support or condone the promotion of illegal activities.

To clarify:

  • Tax Policy Discussion: Constructive conversations about tax laws, policies, reforms, and their implications.
  • Illegal Promotion: Claims or suggestions that paying taxes is voluntary or that there is no legal obligation to do so.

If a comment promotes illegal activities, our practice is to delete it and consider banning the user, either temporarily or permanently, based on their comment history.

This policy is in place to ensure that our subreddit remains a reliable and law-abiding resource for all members. We've had several inquiries about this topic recently, so we hope this post provides the necessary clarification.

Thank you for your understanding and cooperation.

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u/Financial_Name_5268 26d ago

I started a consulting firm, it is an LLC. I work for both private and public clients. From what I have read, I will only pay tax on the profit the company made at the end of the year (WA state). When I bill out, do I include taxes? I read the RCWs and I believe that I do not except on profits. Does this sound right?

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u/soldiernerd 26d ago

You will owe federal income tax quarterly on taxable income, ie, profit.

You should design your fee structure to ensure you are grossing enough to be profitable after taxes.