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How to Prepare Taxes as a new Consultant
Hello,
I just started getting paid for some marketing consulting work that I've been doing, and I've got lots of questions:
- It's too soon to tell if this is something that will be long term, but should I register a DBA? Sole proprietor or LLC business?
- How do I know how much money to set aside for taxes?
- Can I start paying taxes monthly or quarterly? If so, how do I do that?
- Anything else I can do to prepare for 2024 taxes next year?
- Can I claim deductions on say a laptop I got last year for my consulting work?
Thanks in advance for your help!
‎April 24, 2024
1:57 PM