How Much Do You Keep Set Aside Each Week/Month for Taxes?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • grandmom
    Daycare.com Member
    • Mar 2010
    • 766

    #16
    Tom,

    I'm surely going to owe a penalty. Is it a stiff one?

    Comment

    • TomCopeland
      Business Author/Trainer
      • Jun 2010
      • 3062

      #17
      Penalty?

      It's about 10% of the tax you should have paid. At this point it doesn't make sense to worry about it since there's nothing you can do. File your taxes and pay what you owe. If there is a penalty for not paying in earlier the IRS will calculate this and send you a bill.
      http://www.tomcopelandblog.com

      Comment

      • JeepGirl6
        Daycare.com Member
        • Dec 2010
        • 328

        #18
        Can I get on the Food Program if I am not a licensed provider?

        Comment

        • TomCopeland
          Business Author/Trainer
          • Jun 2010
          • 3062

          #19
          Food Program payments

          Depends on your state. Most states only allow licensed providers on the Food Program but an increasing number are allowing license-exempt providers to participate. Contact a local Food Program sponsor for the answer.
          http://www.tomcopelandblog.com

          Comment

          Working...