Prototypical
Aluminum
- Joined
- Apr 9, 2013
- Location
- Washington, USA
I'm a one man shop. I also have a side online business. I pay my daughter to manage my online business (just basically packing and shipping stuff) while I handle all the shop business.
I'm paying between $1500 - $1800 a month in taxes. But at the end of the year I'll have to put out another $15 - 17K for federal.
I am an S corp.
I feel like something isn't quite right or there is something that I could be doing better. I did buy another machine this year. My accountant isn't much help either.
I'm curious how other small shops handle these things if you don't mind sharing.
I'm paying between $1500 - $1800 a month in taxes. But at the end of the year I'll have to put out another $15 - 17K for federal.
I am an S corp.
I feel like something isn't quite right or there is something that I could be doing better. I did buy another machine this year. My accountant isn't much help either.
I'm curious how other small shops handle these things if you don't mind sharing.