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Another simple way to do it besides the quarterly thing. Take what bracket you are in (this is the one post expenses - aka taxable income). Take that bracket's percentage. Setup a savings account along side your checking account. Take the brackets percentage from each deposit right into the savings account.
So if you're in a 30% tax bracket.
Receive check for $1,000
Deposit $700 into checking
Deposit $300 into savings
At the end of the year, hire a really fucking good tax dude. Who -should- be able to get you into a lower tax bracket. Pay your taxes, and have some left over.
It'd be just like you work a "normal" job, and get a huge tax refund at the end of each year like all the "normal" joes out there.
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