Lesson 2: escrowing the money to pay quarterly taxes.
Congratulations, you just made $5000 on those freelance jobs. It ain’t all yours.
>>Lesson 2: escrowing the money to pay quarterly taxes.<<
LOL — I knew that was gonna happen so I held out a good 30% of each check. I know that was too much but it worked out great since I got the net back when I did the S-Corp calc anyway.
Now that I own my own company I will NEVER be an employee again.
This last weekend I had open for the first time in 6 or 7 months. I had no idea what to do with myself.
I am looking forward to “retirement” but I think that just means I have hit my new target # and it doesn’t matter if I have work or not. I suspect I will work forever (I really want to teach) but because I want to.
I could “retire” now I suppose as I have done the math and could never work a day again and still be comfortable. I just want to be comfortable-PLUS so 2 more years or so.