Mar 3

Continuing Series- Self Employed #Taxtips

Small Business, Tax Tips, self-employed brian greenberg, business taxes, cherry hill, cpa, marlton, money, new jersey, nj, self-employed, small business owner, south jersey, taxes Add Comment (2)

2 #TaxTips for the self-employed this week as we head towards 4/15/10!

2. You’re an adult now

When you work as an employee, the company for which you work withholds all required taxes due, and remits them to the appropriate government agency on your behalf. Now that you’re self-employed, you are required to make these payments quarterly on your own. This is where you see first-hand what it means to truly pay taxes in this country!

3. Get organized

Though acting as a bookkeeper can be quite stifling to your right brain creativity, if you don’t accurately track your business income and expenses properly, you may not be able to feed your creative side. Not to mention, your silent partners from #1 (IRS)  like proof that they are getting their fair share