babywings76
Gold Member
- 7,288
Someone posted something that made me think...(We were talking about whether or not to make a purchase on my own that will boost my sales and I'll earn the commission on, or just pay the discounted price as a consultant) She mentioned needing to remember that we have to pay taxes on our commissions.
So....How much do you set aside to pay taxes on what you've earned with PC? I thought that with all the write offs, postage, gas, some groceries, supplies, etc, that I wouldn't really end up paying taxes. Is there a certain percentage that we should be expecting to pay? Is there a way to figure it out before tax time?
So....How much do you set aside to pay taxes on what you've earned with PC? I thought that with all the write offs, postage, gas, some groceries, supplies, etc, that I wouldn't really end up paying taxes. Is there a certain percentage that we should be expecting to pay? Is there a way to figure it out before tax time?