I too have to pay corporate taxes. It is not that much easier here in Canada. I am worried about it for next year how much I will have to pay. I usually just let my accountant figure it out and I write a check but next year, depending on what the amount will be, I may not be able to pay it all at once. And then the government want you to prepay monthly for the next year based on what your profits were from the previous year. If you don't you have to pay interest and if you don't make as much they refund you your money. Stupid really. So I will pay what I can and pay interest on the rest. Sometimes it is great owning your own business and sometimes I desperately want to work for someone else. You know what I mean? LOL!
I too have to pay corporate taxes. It is not that much easier here in Canada. I am worried about it for next year how much I will have to pay. I usually just let my accountant figure it out and I write a check but next year, depending on what the amount will be, I may not be able to pay it all at once. And then the government want you to prepay monthly for the next year based on what your profits were from the previous year. If you don't you have to pay interest and if you don't make as much they refund you your money. Stupid really. So I will pay what I can and pay interest on the rest. Sometimes it is great owning your own business and sometimes I desperately want to work for someone else. You know what I mean? LOL!