freelance payment
freelance payment
Out of context: Reply #26
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- dreez0
Oh and keep records of every payment you received. Once tax time comes figure out what you were paid and pay what you owe whether you have receied 1099's or not.
Sometimes client forget to take care of their taxes and 6 months after you file you taxes the gov't sends you a mail saying you owe $7000.00 for taxes you didn't pay on (COVER YOUR ASS).
If you want to try to get away with the depositing under $3000.00 thing I read earlier go ahead but it's better to be safe then sorry, theres ways around getting the shaft with the IRS legally (write offs).