Congratulations! You’re finally working for yourself. Now, what does that mean for your tax situation? It’s important to get off on the right foot to avoid any unpleasant tax surprises related to your new status. We’ll look at issues like:
- Do I really have to pay estimated taxes? When and how and how much?
- What is self-employment tax?
- What forms do I file for an S-Corp vs. an LLC vs. a Sole Proprietorship?
- What business expenses are tax-deductible?
- How can I keep track of all that?
Presenter: Heather C. Liston, CFP®, E.A.