Naive Posted August 16, 2005 Share Posted August 16, 2005 Woo hoo, I start my new job tomorrow!!!! I am so excited. I have been awaiting this day for almost 3 weeks!!!! I am scared but at the same time I am so excited. Today I got all my things from my office and it looked so empty without my things I have so many mixed emotions but overall I am happy. I will still go to my old job part-time this week but finally I will get to see what my new job is like Link to post Share on other sites
933KJL Posted August 16, 2005 Share Posted August 16, 2005 Congrats Naive! I am also embarking on a new adventure this week. Fortunately working from my home office as an independent contractor. Cheers to us both! Link to post Share on other sites
Author Naive Posted August 16, 2005 Author Share Posted August 16, 2005 Congrats to you too then!!!!!!! Let me know how that Independent COntractor thing goes because I will be doing the same and I have no idea what it entails! Link to post Share on other sites
933KJL Posted August 16, 2005 Share Posted August 16, 2005 I can tell you a bunch if you like. I need to get my PM turned on though The key thing is to just be sure you are safe and prepared for taxes Link to post Share on other sites
Author Naive Posted August 16, 2005 Author Share Posted August 16, 2005 Originally posted by 933KJL I can tell you a bunch if you like. I need to get my PM turned on though The key thing is to just be sure you are safe and prepared for taxes Okay, I will be awaiting a PM. I have heard that you have to be prepared for taxes but what I do not get is how do you know how much you will pay for taxes Link to post Share on other sites
933KJL Posted August 16, 2005 Share Posted August 16, 2005 I would plan on 25% to 28%of your gross. This can be paid in quarterly estimates (and is required if you make enough) and then it is evened out when you do your taxes at the end of the year. Link to post Share on other sites
Author Naive Posted August 17, 2005 Author Share Posted August 17, 2005 Is that yearly or monthly? Link to post Share on other sites
theduke Posted August 17, 2005 Share Posted August 17, 2005 I have been there myself, it is a great thing! the Duke Link to post Share on other sites
Author Naive Posted August 17, 2005 Author Share Posted August 17, 2005 Originally posted by theduke I have been there myself, it is a great thing! the Duke Thanks! Link to post Share on other sites
Barby Posted August 17, 2005 Share Posted August 17, 2005 Hey girl...I've been away so long! Why did you change jobs?? Congradulations girl I'm so happy for ya!!! Link to post Share on other sites
933KJL Posted August 17, 2005 Share Posted August 17, 2005 25% is 25%....you pay either quarterly or annually when you file your taxes Link to post Share on other sites
Author Naive Posted August 18, 2005 Author Share Posted August 18, 2005 Originally posted by Barby Hey girl...I've been away so long! Why did you change jobs?? Congradulations girl I'm so happy for ya!!! OH MY GOSH!!!!!!!! You have been gone for so long!!!!!!!!!!! I thought you had completely forgotten about LS I am happy to see you are back and I hope that it's for good!!! You look real nice in your pic! PM me and let me know what happened. Link to post Share on other sites
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