> So if I set aside 50% is that too much? If you can afford to set aside 50%, do it. Keep it in an interest bearing savings account. you'll always have a little "extra" for those odd times when the taxes don't quite figure the way you expected.
I used to save out 40% and never had a real problem. Oh and pay quarterly. Learned that lesson the *second* year I was in business for myself. For some reason, four $1K checks to the government, sent every three months, seems like a whole lot less money than one $4K check. :-) -- will "If my life weren't funny, it would just be true; and that would just be unacceptable." - Carrie Fisher ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;160198600;22374440;w Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:254545 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
