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| Some freelance business advice (this has worked for me for years) Keep things simple. I run nearly the whole business through a dedicated American Express card, which keeps my expenses in order and separate from my personal life (I also keep a VISA card for when Amex isn't accepted). A nice bonus are the frequent flyer miles I accrue this way-- I haven't paid for my NAB airfare in 10 years). Come tax time I download and import my Amex statements into quicken (quicken 2007!), categorize them, print a report and give that to my accountant (I am a subchapter S corporation). As for taxes, I have a payroll service handle all my withholding and filing. I'm the only employee and it costs about $40 whenever I run a paycheck (monthly, when I can) but at the end of the year I've paid in what I should and have all the paperwork done to boot. No muss, no fuss, worth every penny. Good luck freelancing, I'm proof it's doable despite the odds. :-) Rob Birnholz Absolute Motion Graphics, Inc. Longwood, Florida www.absolutemotiongraphics.com (sent from a mobile device) On Apr 4, 2013, at 5:11 PM, Robert Houghton <gfxguy74@gmail.com> wrote: > P.S. I know Trish Meyer swears by this but I am having a heck of a time getting my brain into Quickbooks for managing my business. It's like my right hemisphere is rejecting the notion that I have to manage a business now |
