Ahhhh....I think I get it

So I talked to my Accountant about this Freelance Gig. 

- I have to pay a NY Commuter Tax on Nov 1.
- Then we will do estimated taxes towards the end of the year.
- I can write off some expenses, like my travel to work, a computer purchase and my internet access.
- I have to keep good records and receipts and should be ready to get audited.  FUN.

Now I am thinking I should have asked my company to pay me through an agency....Ugggghhhh...Add to my list of unemployment lessons learned.

Anyway...I'll figure it out.  The good news is that I am working. I'm enjoying Elastic and loving the commute to SOHO. 


QUOTE OF THE DAY:
"Don't ask for a light load, but rather ask for a strong back."- Anonymous

Ignorance is BLISS???

Enjoying the job at "Elastic" so far, but have a new "problem." TAXES!!!!

You see, unlike my last employment stint, where I was being paid by an agency, this is actually a consultant position. Each week, instead of a time sheet, I have to submit an invoice. They are not taking out taxes. I have to pay these on my own.

I've been trying to research how consulting and taxes work, but I am seriously CONFUSED. This is beyond my comprehension.

I think I am supposed to pay quarterly self employment taxes, an estimate of what I think I owe, but I don't really know how to do that. I think I am able to take deductions, but I am not sure what they may be.

I have calls in to my financial advisor, Rae (who is amazing BTW. I wouldn't have made it through this incomeless year without her. ) and an accountant that I used in the past. All I know is that this is going to cost me.

They say, "Ignorance is bliss." And to be honest, I could do without having to know about this kind of stuff. But I also know full well, that ignorance can not be used as a defense from good old Uncle Sam. So I better get this sorted out.

I'll share what I learn.

Today's quote:

“Since fear is mostly about ignorance, the best part is that it's as temporary as you choose.” - Christine Comaford 

Ready...Set....Go...

I'm so ready for my first full work week at Elastic!

I'll be working on the email team, which is right up my alley. This opportunity came to be thanks to the help of an old friend, who I reunited with during my "short stint" there back in May.

I don't know if it is the weather or the idea of getting back into the routine again...but it feels like "back to school" for me.  In the spirit of the season, I even went shopping for new clothes and shoes.

I'm not going to lie, I will miss my days at Panera...but I'm so looking forward to the steady income! Here's to bigger and better.

QUOTE OF THE DAY
"Good fortune shies away from gloom. Keep your spirits up. Good things will come to you and you will come to good things." ~Glorie Abelhas

When it rains...it pours

Well, its been a while since I wrote a post, simply because I had nothing to write. I wasn't up, I wasn't down...I just was.

But the last two weeks have been a a little different. It looks like employers are calling again. I had a few phone interviews...a quite few calls from friends saying that they might have an opportunity for me. And.....ELASTIC called again with another temp position for me. It looks like it might even lead to full time employment.

So as of yesterday...I am working. I'm not ready to break out the champagne yet...but I love the fact that I don't have to file for another week of unemployment.