One of the worst things you can do for yourself financially is to avoid setting aside a certain amount of money out of each paycheck.
The IRS will want the money that is owed to them, even if your employer did not take it out of your paychecks for you. When you are a standard employee somewhere, you do not have to worry about setting aside your own taxes. As a self-employed person, this is something that you will have to do.
Many self-employed people will set aside about 25% - 30% of their money out of each pay. This money goes into a bank account and it sits there until it is time to file taxes. Many people pay their taxes every quarter while some wait until the end of the year.
You should be warned though, while it may seem convenient to wait until the end of the year, not paying every quarter could result in interest and penalty fees.
If you do go ahead and pay the money every quarter, you do not have to worry about overpaying because at the end of the year, you can claim deductions. The deductions are expenses that you had to cover in order to perform your job or to run your business.
Such expenses could include Internet and phone bills, printer ink, advertisement costs and even parts of your electric and natural gas bill depending on the size of your home office.
When you work from home, there are many financial aspects that you will have to take into consideration. The best thing might be to hire a professional tax agent, especially for your first year of being self-employed.
Make sure that you are keeping all of your receipts for anything that you spent money on and your tax agent will be able to tell you whether it could be a deduction.
TESTIMONY
SPRING IS HERE FAMILY TEAM!
๐๐ฎ๐ญ ๐'๐ฆ ๐ฌ๐ญ๐ข๐ฅ๐ฅ ๐๐จ๐ฅ๐ ๐ข๐ง ๐ญ๐ก๐ ๐ฉ๐ก๐จ๐ญ๐จ! ๐๐๐ก๐
Can you imagine this is our so-called "part time pay" here! Such a huge blessing indeed!
This will take me 14 days or more working straight in my nursing job without a day off! AND THIS is me, checking my emails and back office for just 1-3hrs per day or even less!
๐ผ ๐๐๐๐๐๐ฆ ๐๐๐ ๐ ๐๐ฆ ๐กโ๐๐ก ๐กโ๐๐ ๐ฆ๐๐๐ ๐๐ ๐๐๐ก๐๐๐๐๐ฆ ๐ค๐๐ฆ ๐๐๐ก๐ก๐๐ ๐กโ๐๐ ๐๐๐ ๐ก ๐ฆ๐๐๐, โ๐ข๐๐ ๐กโ๐๐๐๐ ๐ก๐ ๐บ๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ โ๐๐๐ ๐๐ ๐๐ข๐ ๐๐๐๐ ๐น๐๐๐๐๐ฆ.
I can give more back to my parents
I don't need to hesitate when my relatives or family friends ask for help financially.
Im saving more for my daughter's future.
Paying credit card debts.
Family Travel without stressing about expenses.
A year or so went by and I'm having this much ROI here sooner than I even expected! Do yourself and your family a favor for taking a leap of faith in our business system, because it's working indeed! And exceedingly ! THANK YOU LORD!
๐ ๐ธ๐ข๐ด ๐ซ๐ถ๐ด๐ต ๐ฑ๐ณ๐ข๐บ๐ช๐ฏ๐จ ๐ต๐ฐ ๐๐ฐ๐ฅ ๐ง๐ฐ๐ณ ๐ค๐ฐ๐ถ๐ฑ๐ญ๐ฆ ๐ฐ๐ง ๐ฉ๐ถ๐ฏ๐ฅ๐ณ๐ฆ๐ฅ๐ด ๐ฐ๐ง ๐ฆ๐น๐ต๐ณ๐ข (aside from my paycheck on my nursing job as an RN, life is getting expensive each day) ๐ฃ๐ถ๐ต ๐๐ฆ ๐จ๐ข๐ท๐ฆ ๐ฎ๐ฆ ๐ฎ๐ฐ๐ณ๐ฆ ๐ต๐ฉ๐ข๐ฏ ๐ต๐ฉ๐ข๐ต ๐ข๐ด ๐บ๐ฐ๐ถ ๐ค๐ข๐ฏ ๐ด๐ฆ๐ฆ.
๐๐ถ๐ต ๐ฉ๐ข๐ท๐ช๐ฏ๐จ results ๐ญ๐ช๐ฌ๐ฆ ๐ต๐ฉ๐ช๐ด ๐ช๐ฏ 1 year ๐ช๐ด ๐ธ๐ข๐บ๐บ๐บ ๐ฎ๐ฐ๐ณ๐ฆ ๐ต๐ฉ๐ข๐ฏ ๐ธ๐ฉ๐ข๐ต ๐ ๐ข๐ฎ ๐ฆ๐น๐ฑ๐ฆ๐ค๐ต๐ช๐ฏ๐จ, ๐ข๐ด ๐ ๐ฌ๐ฏ๐ฐ๐ธ ๐ญ๐๐๐๐ฉ ๐๐ช๐จ๐๐ฃ๐๐จ๐จ ๐ฉ๐๐ ๐๐จ ๐ฉ๐๐ข๐. ๐๐ด ๐ข๐ญ๐ธ๐ข๐บ๐ด ๐๐๐ฟ ๐ช๐ด ๐ฃ๐ช๐จ๐จ๐ฆ๐ณ ๐ต๐ฉ๐ข๐ฏ ๐ข๐ฏ๐บ๐ต๐ฉ๐ช๐ฏ๐จ. (๐บ๐ฐ๐ถ๐ณ ๐ง๐ฆ๐ข๐ณ๐ด, ๐ฅ๐ฐ๐ถ๐ฃ๐ต, ๐ต๐ฆ๐ข๐ณ๐ด ๐ฆ๐ต๐ค..)
I took a leap of faith because I do believe in the system and to all the people who built it. People from normal everyday life, corporate and high end job descriptions are having legit results.
๐ผ๐ฃ๐ ๐๐จ ๐ ๐๐ก๐ฌ๐๐ฎ๐จ ๐ฉ๐๐ก๐ก ๐ข๐ฎ๐จ๐๐ก๐, "๐๐ ๐ค๐ฉ๐๐๐ง๐จ ๐๐๐ฃ, ๐ ๐๐๐ฃ ๐๐ค ๐๐ฉ ๐ฉ๐ค๐ค!" ๐๐ฃ๐ซ๐๐จ๐ฉ ๐๐ฃ ๐ฎ๐ค๐ช๐ง๐จ๐๐ก๐ ๐๐ค๐ง ๐ฉ๐๐ ๐๐๐จ๐ฉ ๐ฎ๐ค๐ช.
๐๐จ๐ข๐ช๐ฏ, ๐ธ๐ฉ๐ฐ๐ฆ๐ท๐ฆ๐ณ ๐บ๐ฐ๐ถ ๐ข๐ณ๐ฆ ๐ณ๐ฆ๐ข๐ฅ๐ช๐ฏ๐จ ๐ต๐ฉ๐ช๐ด, ๐ณ๐ฆ๐ฎ๐ฆ๐ฎ๐ฃ๐ฆ๐ณ ๐ธ๐ฉ๐บ ๐บ๐ฐ๐ถ ๐ข๐ณ๐ฆ ๐ฉ๐ฆ๐ณ๐ฆ. ๐๐๐ ๐ผ๐๐ ๐๐๐๐ ๐๐๐ ๐ผ ๐๐๐ผ๐๐๐. REGISTER FOR THE WEBINAR BELOW. ๐ ๐๐๐ ๐ฟ๐ ๐๐!
๐๐ก๐๐ง๐ค ๐๐จ๐ฎ ๐๐จ๐ซ๐ ๐๐จ๐ซ ๐๐ฅ๐ฅ ๐ญ๐ก๐ ๐๐ฅ๐๐ฌ๐ฌ๐ข๐ง๐ ๐ฌ!
All the Best!
Coach Jean
โDisclaimer: This is a result of tremendous dedication, putting in lots of time and effort in their business. Everyone's journey is different. You get a result that matches the amount of time and effort that you spend on your own businessโ
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