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How...?
Ok, so this is definitely a newbie question, and I'm sorry if it's been asked many times before, but I couldnt find anything that quite answered this question-
How do we go about filing taxes? I have a friend who said she is not filing taxes for her dancing- is this wise? If not, how is this done?
I'm pretty confused.
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Re: How...?
i just posted about two years of not paying taxes. i know how you feel. i'm in the same boat. if i knew anything i would gladly help you but infortunately i'm uneducated in this subject. how long have you been dancing? i hope not long. don't let your taxes go like i did. i hope you get the info you need.
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Re: How...?
Pay your taxes, pay your taxes, pay your taxes! You will buy something at some point that leaves a paper trail - even if it's just charging an online purchase - and the IRS is going to get wind of it and wonder where you got the money. It will cost you so much more in the long run if you don't pay them.
That said, get a good accountant to teach you how to write off almost everything you make, so you can legally get away with not paying the tax. That's what I do. But do it all LEGALLY!
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Re: How...?
again, use the 'search' function with keywords like taxes, IRS, estimated taxes, audit etc. and a ton of past discussions will come up
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