Thread: Profit
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Old 01-02-2013, 10:55 AM
Smallaxe Smallaxe is offline
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Join Date: May 2007
Location: Central Wisconsin
Posts: 10,091
Sounds like there is a lot of pie in the sky thinking going on here... stay out of debt and keep your expenses as low as possible and earn as much as you can...
At the end of the month, decide which expenses are deductible and set aside at least 15% to cover FICA tax on the remainder...
From there you can begin to see what the figures might be on your year end 1040 Form...

Estimating before your first client is kind of delusional and will only give you a false understanding of how business works,,, or doesn't work...
Now that I know that clay's texture(platelets) has nothing to do with water infiltration, percolation, or drainage
,,, I wonder what does...
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