Turns out taxes aren't optional. Who knew?
But seriously, paying estimated taxes is a must for all successful beauty business owners.
This episode covers when estimated taxes are due, how much you should save, and maybe even a new way for you to look at estimated taxes.
If you're ready to start paying your estimated taxes, but aren't sure, the first step is to know your profit. How to find out your profit? Bookkeeping.
If you are DIY-ing your numbers and need some help with your bookkeeping, check out Beauty Bookkeeping, where I teach you how to calculate your profit so that you can pay yourself and save for taxes.
Learn More About Beauty Bookkeeping
Clear on your profit, but still not sure how much to save? Download this free estimated tax calculator.
Estimated Tax Calculator
For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.