[rohjoh]

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Account called last night, and gave me worst case:
Beat:
$145,000 Federal
$35,000 State
Not to mention I mailed a 6K property tax bill in last night.

Variance: Do not have the cash to pay the taxes, not even close.

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Beat: you're BUSTO because of uncle sam
Beat: your CPA sucks and/or too much of a straight arrow
Variance: you can get a new accountant?

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This is worst case, I am sure my CPA will get these numbers down, but there is only so much you can do. Once you earn over the AMT limits, your deductions start to go away.