4 ms·
We've talked before- I really enjoyed your earlier HN posts on Surreal CMS and the experiences/challenges you've faced (and overcame). My really big questions
by bobblywobbles 7y ago
We've talked before- I really enjoyed your earlier HN posts on Surreal CMS and the experiences/challenges you've faced (and overcame).
My really big questions are when it comes to the taxes. I know I'll need some provider to take in payments, but then how do I report this properly to the IRS. Your explanation gives me some insight how it can be done for one-man shows. So you say the CPA helps you file all of this? Or do you do the quarterlies by yourself and go to the CPA with this?
What about all the legal? As a one-person business, I imagine it's too much to understand all the legal rules w/o consulting with an expert.
- claviska 7y ago> So you say the CPA helps you file all of this? Or do you do the quarterlies by yourself and go to the CPA with this? Every year, I bring my invoices, receipts, etc. and my CPA figures out what I owe and handles all the details and the filing. Then she estimates my quarterly taxes and sends me "bills" before they're due. I basically write a check and I'm done. A good CPA will meet with you when you get started to coach you on what things to keep track of (e.g. invoices, receipts, mileage, etc.). > What about all the legal? As a one-person business, I imagine it's too much to understand all the legal rules w/o consulting with an expert. For more complex businesses, maybe. I've never had an issue. If you're really worried, consider getting a prepaid legal service as cheap insurance.