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Old 10-29-2007, 05:23 PM
Skallagrim Skallagrim is offline
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Join Date: Nov 2006
Location: The Live Free or Die State
Posts: 1,071
Default Re: Never paid taxes before... how much should I expect to pay?

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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