1099

[carl meyer]

Terry.
The IRS likes quarterly payments. There is a penalty for underpayment of
estimated taxes.  It may be hard to pay at the end of the year if your
business goes down and you haven't saved enough.
The only sure bet is death and taxes, but death doesn't get worse every
year.

Many happy RETURNS!

Carl Meyer Santa Clara, Ca.

pianolover@worldspy.net wrote:
> 
> Hi all,
> 
> just finished my very first day as a floor tuner. I did a total of 4 which included one big PR.  One thing I've noticed about new pianos..they are most always around A442, or more. (unless they've been sitting around unsold for a long time and flattened out)  In this case, I asked the owner if he thought I should tune them at that pitch, without lowering them to A440, and he concurred..they'll flatten out in short order due to the new strings strecthing. Also, once I stored my FAC, I then offset to whatever the average +deviation was; between +8 to +10. They all came out nicely. I love my new job and hope to work there for a good while. I also hope to be doing my share of warranty tunings as well.
> 
> I have a question for other floor tuners out there, (In California) like me who have not yet started there own business. Even though we work for a piano store, we are (at least in my case) considered  "independant contactors", and we get a  "1099" form at the end of the year. Do we have to make quarterly statements, or just pay our taxes at the end of the year? I appreciate any help in this area, until I can meet with an accountant, which may not be for a while.
> 
> Best wishes,
> 
> Terry Peterson
> 
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