Comments on: 3 Mistakes to Avoid if You’re Self-Employed http://christianpf.com/3-mistakes-to-avoid-if-youre-self-employed/ Christian Personal Finance - Financial help blog, debt help and other financial resources Tue, 14 Feb 2012 21:22:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Chris @ How We Save Money http://christianpf.com/3-mistakes-to-avoid-if-youre-self-employed/comment-page-1/#comment-62768 Chris @ How We Save Money Thu, 26 Aug 2010 10:46:30 +0000 http://christianpf.com/?p=5487#comment-62768 Jason, Great post. Those 3 will definitely get a small business in a world of trouble. Any one with a small business or wanting to start a small business need to head these 3 warnings. Take them seriously ! Chris Jason,

Great post. Those 3 will definitely get a small business in a world of trouble. Any one with a small business or wanting to start a small business need to head these 3 warnings. Take them seriously !

Chris

]]> By: Abigail http://christianpf.com/3-mistakes-to-avoid-if-youre-self-employed/comment-page-1/#comment-22853 Abigail Wed, 03 Mar 2010 15:52:45 +0000 http://christianpf.com/?p=5487#comment-22853 I've been freelancing for several years and I'd say put aside 30% actually. I pay in about 25% over the course of the year and that "almost" covers the bill when taxes come due in the spring--I keep hoping for a refund but not yet. My freelancing is on top of a full time job though, so I might be seeing a higher amount go in.... I’ve been freelancing for several years and I’d say put aside 30% actually. I pay in about 25% over the course of the year and that “almost” covers the bill when taxes come due in the spring–I keep hoping for a refund but not yet.

My freelancing is on top of a full time job though, so I might be seeing a higher amount go in….

]]> By: Jason Topp http://christianpf.com/3-mistakes-to-avoid-if-youre-self-employed/comment-page-1/#comment-22771 Jason Topp Wed, 03 Mar 2010 02:35:22 +0000 http://christianpf.com/?p=5487#comment-22771 Cool Happy Guy - thanks for the info on the EFTPS. I wasn't aware of that site - looks like a great service! Cool Happy Guy – thanks for the info on the EFTPS. I wasn’t aware of that site – looks like a great service!

]]> By: Kevin@OutOfYourRut http://christianpf.com/3-mistakes-to-avoid-if-youre-self-employed/comment-page-1/#comment-22717 Kevin@OutOfYourRut Tue, 02 Mar 2010 19:31:11 +0000 http://christianpf.com/?p=5487#comment-22717 "Not Setting Aside Money for Taxes"... I do income taxes in season and this is huge. Even if you don't make estimates you still get stuck making payments once you file and you have to settle with the IRS. It's not half bad if you're a saver by nature, and tend to accumulate the money to pay at filing time, but if you aren't a saver and you don't make estimates, it's a double whammy and you're socked with penalties and interest to boot. “Not Setting Aside Money for Taxes”…

I do income taxes in season and this is huge. Even if you don’t make estimates you still get stuck making payments once you file and you have to settle with the IRS. It’s not half bad if you’re a saver by nature, and tend to accumulate the money to pay at filing time, but if you aren’t a saver and you don’t make estimates, it’s a double whammy and you’re socked with penalties and interest to boot.

]]> By: Brian http://christianpf.com/3-mistakes-to-avoid-if-youre-self-employed/comment-page-1/#comment-22674 Brian Tue, 02 Mar 2010 14:33:40 +0000 http://christianpf.com/?p=5487#comment-22674 One more common mistake, do not give away your margins to get a sale. You will never get them back with that customer. Exceptions are when you want to close a product out and start a new one, or you can lock a long term contract for your product or service. A discount can be worth it to the business stability. One more common mistake, do not give away your margins to get a sale. You will never get them back with that customer. Exceptions are when you want to close a product out and start a new one, or you can lock a long term contract for your product or service. A discount can be worth it to the business stability.

]]> By: Joseph | kickdebtoff http://christianpf.com/3-mistakes-to-avoid-if-youre-self-employed/comment-page-1/#comment-22672 Joseph | kickdebtoff Tue, 02 Mar 2010 14:27:44 +0000 http://christianpf.com/?p=5487#comment-22672 Do you have any advice on Nevada corporation? I have several people ask me but do not have any knowledge about them! Do you have any advice on Nevada corporation? I have several people ask me but do not have any knowledge about them!

]]> By: Shirley http://christianpf.com/3-mistakes-to-avoid-if-youre-self-employed/comment-page-1/#comment-22663 Shirley Tue, 02 Mar 2010 13:31:09 +0000 http://christianpf.com/?p=5487#comment-22663 All good points! Especially that first one, not a pleasant mistake to make! All good points! Especially that first one, not a pleasant mistake to make!

]]> By: motocross apparel http://christianpf.com/3-mistakes-to-avoid-if-youre-self-employed/comment-page-1/#comment-22619 motocross apparel Tue, 02 Mar 2010 06:09:40 +0000 http://christianpf.com/?p=5487#comment-22619 Thanks for letting us know about these three stupid mistakes...I will definitely share this post with my friends and relatives.... Thanks for letting us know about these three stupid mistakes…I will definitely share this post with my friends and relatives….

]]> By: FinancialBondage.org http://christianpf.com/3-mistakes-to-avoid-if-youre-self-employed/comment-page-1/#comment-22576 FinancialBondage.org Mon, 01 Mar 2010 23:57:09 +0000 http://christianpf.com/?p=5487#comment-22576 good article. I have a few friends that need to read this. good article. I have a few friends that need to read this.

]]> By: John @ TheChristianDollar.com http://christianpf.com/3-mistakes-to-avoid-if-youre-self-employed/comment-page-1/#comment-22541 John @ TheChristianDollar.com Mon, 01 Mar 2010 17:51:43 +0000 http://christianpf.com/?p=5487#comment-22541 Jason, excellent article. It's just what I needed for this point in my life. The IRS is the last agency we want to mess with. They seem to have unlimited power and can ruin one's life. I pledge to keep my finances in line and business transactions in the books so that come tax time, I won't be caught off guard. Thanks sir! Oh, and thanks to "CoolHappyGuy" for the great tip on the IRS EFTPS program. Jason, excellent article. It’s just what I needed for this point in my life. The IRS is the last agency we want to mess with. They seem to have unlimited power and can ruin one’s life. I pledge to keep my finances in line and business transactions in the books so that come tax time, I won’t be caught off guard. Thanks sir! Oh, and thanks to “CoolHappyGuy” for the great tip on the IRS EFTPS program.

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