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Old 07-01-2001, 11:11 PM
Schlepie Schlepie is offline
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Location: New Braunfels, Texas
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A taxing question

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

Chuck
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Old 07-01-2001, 11:15 PM
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gusbuster gusbuster is online now
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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.
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