Virtual Assistant and Teacher-Author
You started your business because you were passionate about your idea, or because you saw a hole in the market that you could fill, or because you want to change the world. (Hey, I’m not judging!) That’s pretty freaking awesome, but…there’s more to running a business than just executing your idea. That’s why I’m here with this post to talk about how I set up my business finances!
Taxes. Blech.
It’s a topic that most of us happily avoid discussing, but like them or not, they’re a reality. When you’re employed by a business, you know that you have taxes withheld from your paychecks. Depending on your state, federal, state, and/or city taxes are withheld. You file the W-2 form, and the accounting team with your employer takes care of those withholdings for you.
But what about when you’re self-employed?
