Hello BHW!! My name is Tara and I'm new here but I been in the marketing world for a bit. I use to always be on warrior forum and bought every shiny object there was... NOT no more!
I started a business 6 months ago and every month revenue is growing. Anyways, I gave my 2 weeks (more actually) and call my 35K job a year goodbye at the end of this month...ya!!
I'm Nervous but hey I have to take a chance where my passion is. Tomorrow I'm going to register my business at legal zoom. Questions for you tax gurus
- I have 1 business I really focus on but other adsense websites that make money. What do people usually call there business... I'm not going to name it lose weight LLC
- Should I register for a LLC, sole proprietor? Does any of those save more on taxes?
- I'm going to buy quicken self employed... looks pretty easy. Once I register do I have to pay quarterly? In the beginning I took a lost on my company but know I'm gaining profits... can I claim the lost?
- How much self employed tax will I have to pay in Rhode Island? Right now I think I'm paying like 5% because my husband and I work.
- Last year I brought home 34,580 gross. What will have to be my take home pay weekly with my business after taxes to make that. The way things are going in the last 6 months I will take home more then that this year!
WOW! Sorry bout all that... I will be surprised if someone answers this
Tara
I started a business 6 months ago and every month revenue is growing. Anyways, I gave my 2 weeks (more actually) and call my 35K job a year goodbye at the end of this month...ya!!
I'm Nervous but hey I have to take a chance where my passion is. Tomorrow I'm going to register my business at legal zoom. Questions for you tax gurus
- I have 1 business I really focus on but other adsense websites that make money. What do people usually call there business... I'm not going to name it lose weight LLC
- Should I register for a LLC, sole proprietor? Does any of those save more on taxes?
- I'm going to buy quicken self employed... looks pretty easy. Once I register do I have to pay quarterly? In the beginning I took a lost on my company but know I'm gaining profits... can I claim the lost?
- How much self employed tax will I have to pay in Rhode Island? Right now I think I'm paying like 5% because my husband and I work.
- Last year I brought home 34,580 gross. What will have to be my take home pay weekly with my business after taxes to make that. The way things are going in the last 6 months I will take home more then that this year!
WOW! Sorry bout all that... I will be surprised if someone answers this
Tara