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The WAHM community forum was created to be a place for work at home moms to share their ideas and stories. In the forum you can find information about work at home jobs, starting home businesses, avoiding scams, and surviving the WAHM lifestyle. In support of the WAHM community, WAHM.com also features instructional articles, easy recipes, as well as job and business listings tailored specifically to work at home opportunities.




Pam in Texas
01-16-2016, 02:13 PM
I have recently started working doing transcription. I have one man who employs me regularly and then a series of contract jobs that each last a month or so.

Does anyone know of a good book about how to do taxes asn aindependent contractor or do you have personal experience with doing this that could give me some idea of how you do it? I know I have to pay estimated taxes quarterly and somehow pay Social Security taxes, but don't know what tax rates are so I can know how much to set aside for taxes.

Any help appreciated.


Cornelius
01-16-2016, 11:23 PM
Something as important tax questions should be addressed by a professional. Bad or incorrect advice could cost you. That being said there is some great information to be had on you tube.