Gonna Pay My Taxes. But Not Til Tomorrow.

I owe all sorts of taxes. It’s the joy of owning your own business. The good news is that last year I converted from a sole proprietorship to an LLC. This means that I don’t have to try to come up with $15,000 for taxes (and even saving all year round, that’s hard to do).

But the really tag end problem is the 1st quarter taxes I owe for this year. See, I went to an accountant this go, and the nice man prepared coupons so that I can pay quarterly. SO I still owe last year’s taxes and I have to start paying on this year’s.

This is, of course, my own fault. This is something I should have looked into better. You know, five years ago when I started freelancing.

So I’m waiting until the last possible minute. It doesn’t change anything. But it makes me feel as though I’m keeping the money longer…

Tags: pay taxes, Tax Day, LLC, sole proprietorship,
freelancing, money

2 thoughts on “Gonna Pay My Taxes. But Not Til Tomorrow.”

  1. I don’t know if Josh already told you, but if it makes you feel any better, we are doing the exact same thing this year. It has been a major hit so far trying to pay last years taxes plus this years quarterlies (sp?). Anyway, just look on the bright side, next year will feel so good when you are just paying the quarterly (sp?)

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