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Kim is a 1099 contractor and estimates she will earn $110,000 this year. She is...

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Accounting

Kim is a 1099 contractor and estimates she will earn $110,000 this year. She is single with two dependent children of whom she has full custody. Her ex-husband does pay child support of $1,000 per month.

In a one page Word document, what suggestions would you offer to ? Should she consider paying quarterly taxes? How can tax software assist her in going forward in order to help her reduce her tax liability?

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