I Made a $10,000 Tax Mistake. Here Are the 5 Things I Did Wrong [CNET News]
The ODP Corporation (ODP)
Last the odp corporation earnings: 2/26 06:50 am
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Source: CNET News
When I first started my business, The Organized Money , to help people manage their budgets and debt, this goal felt out of reach. So when I unexpectedly crossed the six-figure threshold a few years ago, I was ecstatic. But my excitement was short-lived. After sending my tax paperwork to my CPA, she informed me that I owed the IRS $10,000. My jaw dropped. I was floored. Overwhelmed. And stressed. How did this happen? My accountant explained that it boiled down to how my self-employment business was set up. But there are some other missteps I made too. Here's what I learned and how you can avoid making the same expensive mistakes. 5 mistakes that led to my surprise tax bill If you're just starting out as a freelancer or side hustler, here are the main mistakes I made as a new business owner that had major tax implications. 1. I didn't file quarterly tax returns When you first start freelancing or working for yourself, it can be freeing. But it also comes with additional r
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ODP
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- 2/28/24 - Beat
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Analyst Actions
- 2/29/24 - TheStreet
ODP
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- ODP's page on the SEC website