View Full Version : confused about taxes...

02-28-2004, 09:05 AM
i remembered there was a article on taxes that chris wrote up somewhere but i cant seem to find it...

Also i hear alot about quarterly taxes for self employed can someone help explain that for me ?

02-28-2004, 09:06 AM
Are you in the US?

02-28-2004, 09:30 AM
Yes im in the US.

02-28-2004, 11:41 AM
Your first year of being self employed you do not need to pay quarterly taxes, but every year after that you will. You can base them off 25% of your previous year's income, or 25% of the current years income.

I recommend getting an accountant. It'll only cost you a couple hundred and he'll probably save you more than that.

02-28-2004, 12:18 PM
well im just preparing for the future right now i barely make a couple hundred a month. That should definately grow and i want to be prepared adn organized so when i do make more revenue.

Hey chris didnt you use to have a article on taxes ? i cant seem to find it anymore.

As the year goes on what are things i definately need to keep track of ?

Hosting Cost ?
Domain Name Cost ?
Internet Connection ?
anything else ?