i have no clue when it comes to pay taxes. i don't want to do it by accountant, my business is simple such as cutting people grass.
"i don't have a license for self-employed" and this is Michigan state.
here is what i know so far, correct me or add things to it:
1st step: open bank account
2nd: use that bank account to buy all necessary tools and keep its reciepts.
3rd: ask customers to send you a check to that bank account? and keep all their check returns.
4th step: keep do all these steps above till 2008 until you file your Schedule SE tax form & schedule C form along with 1040 income form.
5th step . send all reciepts you have saved along with all these tax forms to IRS address?
anything more need to be done?
2007-02-02
07:25:18
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3 answers
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asked by
Anonymous
in
Business & Finance
➔ Taxes
➔ United States