Hello, everybody,
This is going to be less OT than some of the threads have been. If you are a Linux hacker, you might have a consulting business. And if so, figuring out how you pay your taxes is a part of it. So this is somewhat on topic :-)
As some of you may have noticed or heard, I am now a full-time independent consultant for the first time. Things are going well so far, except I need to figure out how I am paying taxes to make sure IRS does not hit me with a fine, and also to make sure I do not pay more than I have to.
Questions:
Does anybody know of a calculator that will tell me based on my expected annual income, family size and estimated deductions how much tax I owe per quarter for both state and federal taxes? I have found one on Intuit site that kind of does it, but it does not do deductions/child tax credit/etc, nor does it do state taxes. (And to keep this on topic, it has to be Linux-compatible).
If I did fine without a CPA when most of my income came from a W-2 type job, do I need one now?
Any other tips?
-- Sasha Pachev AskSasha Linux Consulting http://www.asksasha.com
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