How can a handyman avoid getting surprised by quarterly taxes?

Q: How can a handyman avoid getting surprised by quarterly taxes?

Direct answer: Avoid 'tax panic' by setting aside a fixed percentage of every payment the same day it hits your account. Practical steps Choose a percentage: Use a conservative set-aside rate based on your situation. Separate the money: Move it to a dedicated tax savings account immediately. Review monthly: Adjust the percentage as income changes. Next step: Create a rule: every deposit triggers an automatic transfer to your tax account.

Question

Accepted Answer

Direct answer: Avoid 'tax panic' by setting aside a fixed percentage of every payment the same day it hits your account.

Practical steps

Choose a percentage: Use a conservative set-aside rate based on your situation.
Separate the money: Move it to a dedicated tax savings account immediately.
Review monthly: Adjust the percentage as income changes.

Next step: Create a rule: every deposit triggers an automatic transfer to your tax account.