[valmet]

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

 

[spitter]

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