Re: Never paid taxes before... how much should I expect to pay?
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Your record keeping process sounds pretty good to me. The daily notebook alone should stop any IRS audit in its tracks.
Do talk to a CPA, however, there are things like offshore account reporting, estimated taxes, Alt. Min. Tax, self employment tax, and a host of others that you will need to be aware of. Plus any 1/2 decent CPA will find you more in deductions than the cost of their service.
Very good start IMO.
Skallagrim
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Thank you for the response to my question Skallagrim. I appreciate it.
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