And you ne to pay those payments bas on that. I mean, I know like a lot of influencers are the younger people. They’re not really thinking about business element, like how they can get the accounting part right. And there’s other elements. AB Lieberman: Absolutely. Number one is always dataset taxes. I was like, damn, I’ve got a great accountant. No one has that good of an accountant. I think your taxes disappear. Don’t be naive. Put the money on the side. Ask your accountant.
How much money should I be putting on theb2b podcast worth the effort? side in taxes? Any normal accountant will tell you, x percent, depending on where you’re bas.
In Israel, I think it’s 21%. You take that and you put that on the side for There’s your corporate tax, your income tax. Again, you’re talking about freelancers.
How much should you be putting on the side every month to make sure that you have that payment realm ready? For businesses, it’s a lot easier. For businesses, it’s usually a flat, a flat corporate tax rate. And you just take that percentage of your profits, put it on the side.
It’s not that complicat. Freelancers, are a lot uae phone number more complicat, a lot more complex. You ne to, assess how much you’re going.
Or you can just decide to take a very large percentage every payment you receive from your clients and just put that on the side and taxes put it in a high yield, interest, bank account, like capital One.
That’s number one. Number two is do your research nowadays. You have.
What do I ne to know? How much should I be paying in taxes?