Comments on: Lessons Learned From My 2008 Taxes http://www.fiscalfizzle.com/2009/03/lessons-learned-from-my-2008-taxes/ Spicy Thoughts on Personal Finance Wed, 08 Feb 2012 15:33:16 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: ObliviousInvestorhttp://www.fiscalfizzle.com/2009/03/lessons-learned-from-my-2008-taxes/#comment-68 ObliviousInvestor Sun, 15 Mar 2009 19:34:47 +0000 http://www.fiscalfizzle.com/?p=453#comment-68 As somebody whose (self-employed) day job is being a tax accountant, I've gotta say: Great pointers. Having fewer accounts and better records makes things so much easier on yourself or your accountant. Also, just as an "fyi," forming an LLC won't change your (Federal) tax situation at all--assuming that your business is currently operated as a sole proprietorship. As somebody whose (self-employed) day job is being a tax accountant, I’ve gotta say: Great pointers.

Having fewer accounts and better records makes things so much easier on yourself or your accountant.

Also, just as an “fyi,” forming an LLC won’t change your (Federal) tax situation at all–assuming that your business is currently operated as a sole proprietorship.

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