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Schlepie
07-01-2001, 11:11 PM
Just getting ready to send in my 2nd quarter taxes....yikes!!!!! My accountant has me sending in 30%. Is this high or are we in the ballpark? Thanks for your input.

Administrator
07-01-2001, 11:14 PM
Moving this to the Elements of Business forum.

Chuck

gusbuster
07-01-2001, 11:15 PM
I'm pretty close to that percentage myself. So, to answer your question I would say yes.
John

Remember something, when you work for somebody, they take your social security deduction for you. As a self-employed person, you must pay that yourself, meaning a higher tax bracket.:mad: