Comments on: Common Copywriting Mistakes You Cannot Make https://filthyrichwriter.com/abp-and-7-other-unbreakable-laws-of-copywriting/ Tips, tools, & training for new and aspiring copywriters. Fri, 30 Aug 2024 17:48:42 +0000 hourly 1 https://wordpress.org/?v=6.6.1 By: Nicki Krawczyk https://filthyrichwriter.com/abp-and-7-other-unbreakable-laws-of-copywriting/comment-page-1/#comment-414379 Mon, 15 Apr 2019 13:49:25 +0000 http://filthyrichwriter.com/?p=4704#comment-414379 In reply to Barbara A Walsh.

Hi Barbara,

You should definitely consult a tax preparation professional about it since taxes really aren’t something you want to mess around with, but generally, sole proprietor business owners need to pay estimated quarterly taxes based on how much they think they’ll make that year. (It may depend on the state, but I know that you have to pay quarterly estimated federal and state taxes.) There are some articles on the web that seem to have pretty good information, but I’d strongly suggest you just reach out to a licensed tax preparation professional/accountant and get their take on it. I think it’s better to possibly have to pay for a little qualified advice than to get in trouble with the IRS. 🙂

Thanks for commenting!
Nicki

]]> By: Barbara A Walsh https://filthyrichwriter.com/abp-and-7-other-unbreakable-laws-of-copywriting/comment-page-1/#comment-414129 Fri, 12 Apr 2019 19:04:56 +0000 http://filthyrichwriter.com/?p=4704#comment-414129 I’m curious. The article mentions taxes paid quarterly. I am a solo person offering Copywriting services. I do not have a business name or entity. Do similar copywriters pay taxes quarterly or just once a year as an individual? I was hoping to find out what others say or do about this.. I don’t want to get hit with penalties my first year out.

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