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alf, sounds like you got it but if i were you i'd find myself a certified public accountant, "a good one". they know the ins and outs of this tax business. it might cost you a little but its worth it. good luck, dennis
 

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Can you create a retirement plan for the side business? Got a spouse? Does she have a 401K or an IRA? What about catch up contributions if you're over 50+? I wouldn't necessarily give the gov the money for a whole year - try to invest it someway now!

Jay
 
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