The life of the self-employed - either you are exhausted and overwhelmed, like ND these last weeks, or you are sitting in your office with nothing to do, feeling like you will be broke shortly. There is no middle ground.
Yep, this.
I don't give half a hump if you're innocent or not. So where does that put you?
Book ,'Objects In Space'
Buffista Business Talk: I wanted simple, I wanted in-and-out, I wanted easy money.
A virtual watercooler where Buffistas in business can talk, share, exchange, bemoan, exult and assorted other power verbs associated with all areas of running/starting up a business. For existing or potential Buffista business owners of all types. Spamming is NOT ON. A list of our Buffista owned businesses is on our links page.
Pix - May 10, 2012 4:50:32 pm PDT #860 of 1416
We're all getting played with, babe. -Weird Barbie
Jessica - May 10, 2012 5:40:27 pm PDT #861 of 1416
If I want to become a cloud of bats, does each bat need a separate vaccination?
For reasons unknown to me, Google just sent me a $100 Adsense gift card. Would anyone in here like to have it? I really have no use for it at all - I'm guessing they sent it to me because I'm technically an officer on a corporate board, but the corporation is an apartment coop, not the kind of business that markets anything!
Let me know by email and I'll send you the code and URL.
smonster - May 17, 2012 8:48:03 am PDT #862 of 1416
We won’t stop until everyone is gay.
Hi - I am currently being paid as a contractor, not an employee. This means I'm responsible for paying all of FICA, right? Is there a "tax-paying for dummy contractors" web resource or something? Hiring an accountant is right out, I'm barely covering expenses right now.
I think I'll be an employee eventually, but don't know the timetable.
flea - May 17, 2012 9:52:46 am PDT #863 of 1416
information libertarian
Smonster, don;t say the IRS never gave you anything: [link]
smonster - May 17, 2012 11:08:52 am PDT #864 of 1416
We won’t stop until everyone is gay.
Thanks, flea!! And OY. I guess I need to pay my first round of estimated tax in June.
javachik - May 17, 2012 11:26:53 am PDT #865 of 1416
Our wings are not tired.
smonster, your medical insurance can be a tax write off as well. Don't know if you're paying for that out of pocket, but when you're a contractor, many, many things are business expenses that can decrease your "income" as far as paying taxes go.
NoiseDesign - May 17, 2012 12:39:30 pm PDT #866 of 1416
Our wings are not tired
Start logging any mileage you drive for work, including any commute to and from work. As a contractor you can claim all of those miles.
Ginger - May 17, 2012 4:41:44 pm PDT #867 of 1416
"It didn't taste good. It tasted soooo horrible. It tasted like....a vodka martini." - Matilda
At this point, smonster, just track your spending, or throw all your receipts in a box, which I fear is my method. You can get away with fairly token tax payments this year, since they don't have a history, and figure it out at the end of the year. Or you can take the advice of less sloppy people.
Laura - May 17, 2012 4:51:16 pm PDT #868 of 1416
Our wings are not tired.
Tools, work clothes. Expense expense expense!
Liese S. - May 17, 2012 5:15:18 pm PDT #869 of 1416
"Faded like the lilac, he thought."
Expensify. If you do most of your purchases via debit, it can be an easy way to track and categorize your spending. For all reasons, but also for business.