Hi ladies,
So I'm going to put it all out there, and would love to hear back with your thoughts and experiences with this..
So I started looking for clients middle of February, went through many many interveiws, finally at the end of march I sighned on my first family..
The next family started April 15
The fourth family started second week of may
My last family started the last week of may..
So in the course of about 2.5 months, I have made roughly $5000..
Now when I started all I had we're toys from my son, over the course of the 2.5 months I have stalked up on toys for the kids, dishes, dippy cups, carpets, play structure, pretend stuff ect. and just this last week craft stuff..
I am now finally ready/able to put money away for taxes..
Now my question is.. Shoukd I be worried or concerned that I haven't saved any money yet..?? I have every single receipt saved?? I'm just feeling kind of nervous right now.. Also, if you don't mind telling, how much did you have to pay in taxes at the end of the year..
Would it be a good idea to hire myself an accountant, I don't mind and I know I can right it off at the end if the year.. Does anyone have any experience with paying the tax portion monthly and sending it in and getting money beck at the end of the year? How does that all work?
Thanks for reading and for your replies very much appreciated!!