Business Owners EFTPS

Home / the12volt's Install Bay / Car Audio / Business Owners EFTPS (

Topic Closed)

Welcome Guest :)

Members

Search

Register

Login

< Prev Topic Next Topic >

ssnds

Copper - Posts: 169

Joined: August 15, 2005

Location: United States

Posted: January 02, 2006 at 12:12 PM / IP Logged

For those who own there own business. Do you file your federal taxes via Electronic Federal Tax Paying System (EFTPS). Or do you keep your tax money in your bank. then at the end of the year u pay the feds?

SSounds

Back to Top

KarTuneMan

Platinum - Posts: 7,056

This member has made a donation to the12volt.com. Click here for more info.

This member consistently provides reliable information

Joined: December 14, 2004

Location: Isle Of Man

Posted: January 02, 2006 at 1:59 PM / IP Logged

I keep MY money as long as I can. I figure I need it more than THEY do

Back to Top

ssnds

Copper - Posts: 169

Joined: August 15, 2005

Location: United States

Posted: January 02, 2006 at 2:03 PM / IP Logged

Yes that is always nice to keep it for as long as you can. Do you know if you are required to pay via EFTPS or is it a luxery? I'm guessing it's a luxery.

SSounds

Back to Top

forbidden

Platinum - Posts: 5,352

This member has been recognized as an authority in Mobile Audio and Video. Click here for more info.

Joined: November 01, 2003

Location: Alberta, Canada

Posted: January 02, 2006 at 3:00 PM / IP Logged

Colby, clear your PM inbox.

My name is Rob Atkinson, I own Forbidden Audio Ltd. in Courtenay, BC, Canada. I have been employed for the last almost 20 years directly in car audio, for just over 10 years now at my own store. So yes <toots own horn> I would think that I seem to know my stuff.

As I am in Canada, it would not be prudent to me to offer advice as it pertains to how to conduct your business legally with the proper licenses and taxation structures. If you were in Canada, that would be something different.

Advice though is simple. Business is all about money, keep it as long as you can, pay your bills and taxes on time, every time.

Rob

Top Secret, I can tell you but then my wife will kill me.

Back to Top

tcbturbosux

Copper - Posts: 69

Joined: October 21, 2005

Location: United States

Posted: January 05, 2006 at 10:20 AM / IP Logged

Personally.... its easier for me to pay it weekly. Gets it out of the way.

Uncle Gumby

Back to Top

Sorry, you can NOT post a reply.
This topic is closed.

Printable version

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum

Search the12volt.com

Follow the12volt.com

Disclaimer: *All information on this site ( the12volt.com ) is provided "as is" without any warranty of any kind, either expressed or implied, including but not limited to fitness for a particular use. Any user assumes the entire risk as to the accuracy and use of this information. Please verify all wire colors and diagrams before applying any information.

Business Owners EFTPS

Sorry, you can NOT post a reply.This topic is closed.

Sorry, you can NOT post a reply.
This topic is closed.