AbacusI posted this question to a listserv for consultants to which I belong. I asked about how to get a handle on what to do for my taxes. As a freelance copywriter, this issue continues to perplex me, even though I wrote about it a couple of months ago and got other advice.

Here’s a summary of the advice I received…

  1. Keep track of all your expenses and income and
    everything else using small business financial software.
  2. Make sure you’ve got all your licenses.
  3. Find an accountant. They’re not as expensive as you
    think, and they’ll help you more than you realize. Use a CPA.
  4. To find an accountant, talk to similarly sized
    organizations to find a recommendation.
  5. Pay your quarterly tax estimates. Now. No, really.
  6. Use free small business resources such as the SBA to
    make sure I’m on track.
[Slashdot] [Digg] [Reddit] [del.icio.us] [Facebook] [Technorati] [Google] [StumbleUpon]