To: lewislynn
I'm not. I've been keeping track of the income, I've already hired an accountant.
To: Utah Girl
I was actually joking but if you do file spend as much money as you can on your new business...take your
neighbors(s) clients to lunch, buy some tool/supplies etc.
You really shouldn't need an accountant it's very simple to do by following the instructions or you can just use a tax program.
To: Utah Girl
>>I've been keeping track of the income, I've already hired an accountant.
It's good you're doing that...because, if you ever did work for a business, they'd of course want an invoice, so they had a paper trail for their own accounting purposes, and, in the event the client got audited - they might come across your invoce, and, just for fun, peek and see if you reported any income from a self-employment source. If you didn't, you'd be next on the list for an audit.
20 posted on
08/05/2003 9:48:40 PM PDT by
Keith in Iowa
(Tag line produced using 100% post-consumer recycled ethernet packets,)
To: Utah Girl
If you make enough, you should look into forming an S-corp.
50 posted on
08/06/2003 6:54:33 AM PDT by
krb
(the statement on the other side of this tagline is false)
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