How To: Taxes for Kitmakers

How To: Taxes for Kitmakers

In this very special time of the year, Dangerous Prototypes lays out how they do their taxes.

We’re not tax professionals, so you need to do the research yourself. Our strategy is to be completely honest, do our best, and maintain exquisite records. We assume that if we don’t hide anything the IRS will help us work out any problems. That said, here’s the barebones of how we do taxes for a single member LLC.

While we may not all be as elite as DangPro, any freelancer who doesn’t know anything about paying taxes (raises hand) can benefit from reading this post. Thanks, guys!

HOW-TO: Single member LLC/Sole proprietor taxes

2 thoughts on “How To: Taxes for Kitmakers

  1. Ghost says:

    *cough* *cough* http://en.wikipedia.org/wiki/Agorism *cough* *cough*

    What? Yes, of course, pay your taxes.

Comments are closed.

Discuss this article with the rest of the community on our Discord server!
Tagged

My interests include writing, electronics, RPGs, scifi, hackers & hackerspaces, 3D printing, building sets & toys. @johnbaichtal nerdage.net

View more articles by John Baichtal

ADVERTISEMENT

Maker Faire Bay Area 2023 - Mare Island, CA

Escape to an island of imagination + innovation as Maker Faire Bay Area returns for its 15th iteration!

Buy Tickets today! SAVE 15% and lock-in your preferred date(s).

FEEDBACK