I'd speak with a CPA - depending on how long you work on a 1099 basis you may have to submit taxes quarterly. If you can afford it, I would save half in the highest interest account you can find (Etrade has one at 5% IIRC). You will not need all 50%, but you'll have a nice little saving at the end of the year that you can submit to an IRA.
-Cameron On 6/11/07, Loathe <[EMAIL PROTECTED]> wrote: > So what's involved here? > > > > I was contacted by a company in Florida about working on an e-commerce site > today. Hourly rate obviously. > > > > How do you figure out how much money to save for your taxes? > > > > T > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| ColdFusion 8 beta â Build next generation applications today. Free beta download on Labs http://www.adobe.com/cfusion/entitlement/index.cfm?e=labs_adobecf8_beta Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:236330 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
