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Old 08-09-2003, 10:05 PM
Hometown Lawn Care's Avatar
Hometown Lawn Care Hometown Lawn Care is offline
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Join Date: Jun 2003
Location: Wilmington Massachusetts
Posts: 147
Taxes!!

TELL ME ALL YOU KNOW ABOUT THEM, OTHER THEN HOW MUCH THEY SUCK!!

I just got a DBA at the bank (bussiness acount) and now they say I have to do taxes, and I know jack ---- about em....
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Hometown Lawn Care
www.HometownLawnCare.com
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Old 08-09-2003, 11:20 PM
J&R J&R is offline
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Join Date: Nov 2002
Location: North Georgia-Chattanooga
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You will be taxed on your net profit not your gross. The tax will be Fed % of what ever your tx bracket is. then your SS tax will be 15.3 % then if you have state tax that will come out of your net profit also.
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Old 08-10-2003, 01:03 AM
Green in Idaho Green in Idaho is offline
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Join Date: Apr 2003
Location: Idaho
Posts: 833
Start here:
http://www.irs.gov/businesses/small/index.html
&
http://www.irs.gov/businesses/small/...110417,00.html

& for Massachusetts.
http://www.dor.state.ma.us/business/...e/soleprop.htm


IT is ALL on the Web for your reading pleasure....

Last edited by Green in Idaho; 08-10-2003 at 01:09 AM.
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