TAX TOOLS

Here is a list of usefull tax tools:


Profit and Loss Statement: click here --> Profit n Loss

A profit and loss statement, or “P&L”, is an effective tool for managing your side-hustle.

It is a financial statement that provides a snapshot of how much you are making (revenue) compared to how much is being spent (costs and expenses). 

Simply put, your P&L shows your side-gig’s revenue minus costs and expenses, typically over a specified period. The outcome is your net profit or bottom line.

Simplified Estimated Payments Calculator --> Calculator

If you expect to owe more than $1,000 in taxes (that’s earning aproximattely $5,000 in self-employment income), then you are required to pay estimated taxes.

This simple calculator can help you figure out how much you may want pay




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