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Out of context: Reply #75072
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- bainbridge0
I'm making an extra $10k this year on a side project that is costing me $2k.
Is there anything tax-wise I should be thinking about. Assuming this is too little for incorporation?
- Expense the hell out of it - home office space, accounting fees, capx purchases...Gnash
- You can still treat your practice as a sole proprietorship.cannonball1978
- Set aside 33% for taxesmonospaced