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Any Equity Partners here (big or small law)? Curous about taxes

Is your effective tax rate higher because of payroll taxes a...
Shivering dead puppy brunch
  10/25/14
You only pay payroll tax on the first $110k or so of income....
fiercely-loyal poppy feces
  10/25/14
What is AMT?
Pink useless stage turdskin
  10/25/14
alternative minimum tax
Heady internet-worthy regret
  10/25/14
So what is the effective rate look like for a partner bringi...
grizzly stead
  10/25/14
as i explain below, it depends on whether your'e a tax bigla...
shaky razzmatazz chad house
  10/25/14
it is widely known that the average biglaw tax partner's eff...
shaky razzmatazz chad house
  10/25/14
How
Rose ticket booth
  10/25/14
Lol
Vibrant Parlor Coldplay Fan
  10/25/14


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Date: October 25th, 2014 11:48 AM
Author: Shivering dead puppy brunch

Is your effective tax rate higher because of payroll taxes and others, or is it balanced out by some tax saving measures.

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26582737)



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Date: October 25th, 2014 11:20 PM
Author: fiercely-loyal poppy feces

You only pay payroll tax on the first $110k or so of income. What gets you is the AMT.

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587304)



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Date: October 25th, 2014 11:21 PM
Author: Pink useless stage turdskin

What is AMT?

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587309)



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Date: October 25th, 2014 11:21 PM
Author: Heady internet-worthy regret

alternative minimum tax

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587318)



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Date: October 25th, 2014 11:24 PM
Author: grizzly stead

So what is the effective rate look like for a partner bringing home 1 mill?

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587344)



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Date: October 25th, 2014 11:29 PM
Author: shaky razzmatazz chad house

as i explain below, it depends on whether your'e a tax biglaw partner or not. tax partners have a 4% etr.

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587383)



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Date: October 25th, 2014 4:12 PM
Author: shaky razzmatazz chad house

it is widely known that the average biglaw tax partner's effective tax rate is around 4%.

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26584226)



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Date: October 25th, 2014 11:34 PM
Author: Rose ticket booth

How

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587448)



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Date: October 25th, 2014 11:36 PM
Author: Vibrant Parlor Coldplay Fan

Lol

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587459)