Popcorn is great with a movie or possibly for stringing around an old-fashioned Christmas tree, but it’s a little less universally loved when it’s applied to the ceiling as a texture. “Popcorn
Taxes For Self Employed Persons
Dated: February 2 2016
What to do:
Find a professional, experienced CPA to help you find all of your eligible tax deductions
PAY QUARTERLY: By anticipating what you owe based on your quarterly income, you set yourself up for success.
LEVERAGE A PROFESSIONAL: Just as you go to see an expert in medicine, law, real estate, etc, make sure you use a professional to get your taxes done
LEGITIMATELY: Don't lie about your income or overdo your write-offs. Audits HAPPEN!
What NOT to do:
Expect a big closing to take care of your tax bill next year.
Do your taxes yourself
Lie about your income or expenses
EXPECT: Expect yourself to not have any money when taxes are due. Pay them in advance (quarterly) and expect Murphy's Law!
AS SEEN ABOVE: You are not a tax professional, you can't sell your own house FSBO, you can't diagnose your medical condition (think WebMD), and you can't represent yourself well in court...
AUDITS: You can and will get audited if your taxes are not legitimate. The are people whose only jobs are to scrutinize your taxes every year and self-employed individuals get audited 5x more than others!