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Old 04-17-2007, 11:20 PM  
Snake Doctor
I'm Lenny2 Bitch
 
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Join Date: Mar 2001
Location: On top of my soapbox
Posts: 13,449
Quote:
Originally Posted by EuroDuke View Post
You're better off paying quarterly. If you don't then bad shit happens. Take me, for example. I didn't pay any estimated taxes all '06. As a result, my accountant gave me a bill last month that made faint like someone's grandmother.
If you know your business then you have a really good idea of what the tax bill is going to be and you should plan accordingly.

If you're the kind of person that can't keep money in the bank without spending it then the odds are good you won't be in business for yourself for very long
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