View Full Version : license and taxes

02-19-2004, 01:44 AM
i was just wondering how all of you keep your books. from what I understand, you would go and get a business license, open a business checking account at the bank, and make all checks payable to the business, deposit them and pay yourself each week a flat amount and invest the rest back into the business? is the correct??if not how do you do it?? how much to pay yourself??

02-19-2004, 01:48 AM
Thats how I do it. Pay yourself 30% of what you bring in every friday.