dont flame me

ok i have a question about taxes, i used the search button but didint find what i was looking for. just started up my pressure washing buissness and im not sure how to go about by taxes or even were to begin. i have been doing a little reaserch but still what confused. i have asked some small buissness owners but get a different response every time.

my question is how do you go about buy taxes,i dont charge any tax so that keeps the IRS out of my hair right? do you do your taxes quarterly every 6months or what. i would assume it depends on how bussy you are to keep better track. and what exactly do they take i was told its just regular state tax, im in ny so i would be 8%. im a green thumb at this and would just like to do it right to avoid future problems. i would appreciate the help thanks in advance.
 

Mark

Moderator / Sponsor
You still need to report your income to the IRS. [hello]

I am not sure why anyone would "flame you" for asking
a question? :confused:

Except maybe the IRS if you fail to report your income. :burn:

Here is an IRS site that may answer some of your questions:

http://www.irs.gov/businesses/small/
 

Our Sponsors

Top