Saturday, August 30, 2014

Tax questions!!

So I'm re-writing my business plan and want to include my projected taxes for my projected income. This is my first year running my own business so I have no idea. On my business plan I'm projecting my income to be 25-30k after expenses but before taxes. I'm wondering if anyone knows what tax bracket that would put me in, and how much I would expect to pay. This is only for my business plan, so I'm only looking for a rough idea. I've been setting just shy of 25% aside in hopes that should more than cover my taxes when the time comes.





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