I'm pretty bad at putting money aside for taxes, so I ask the question, does CCBill withhold taxes if requested ??? I get a big portion of my income from them, so I was thinking, it'd be nice if I could get them to just take the money out, so it'd make it easier for me
Can CCBill Withhold Your Taxes ??
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Umm no.
You could however have your bank or someone like ING pull out a set amount every week from your bank account, then set that into a savings account.
Or if you happen to be more than just an affiliate and run a program where most of your income comes from. Send in the split forms with CCBill and have one check issued for 30% or whatever, that you then deposit into a separate account. Err maybe you would want this wired instead so you never even see it really. You then get a check or wire for the remaining 70% to spend.Comment
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You just had about 50 people reach for their phone and accountants phone number with that title.
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Hey, that's a great idea that I never knew I could do. I always thought that I had to hold onto the funds then make the quarterly payments. I guess if I could just pay them as often as I'd like. It'd be easy to just deposit my checks and when a wire comes in, just log on and send them a chunk
As far as making enough, I definately do make a nice chunk of money and my accountant did recommend to me the last couple of years to inc. or llc, BUT the thing with that is that I like being able to do what I want with my money without having to give myself a set salary because with my house and vehicle loans, I like to dump extra money on them to pay them off as soon as I can.
Dirty Dane, thanks for your generous offer to hold the money for me, I'll keep you in mind, ha ha ha
Psycho, ha ha ha
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