kyanwan

Former Entrepreneur here. I worked for myself for 15 years. I work for someone else right now. ... ... ... while carefully planning my next moves.

I wouldn't have done what you did.

You should have given it at least a year.

BTW: BEWARE SCHEDULE C.

Not planning your taxes can kill your business in its 1st year.

You're going to have a very rude awakening in the form of self-Employment tax, if you've never paid it before. Save about 20% of your income - and don't touch it. That stuff - kiss it all goodbye come next April 15th. You should also consider making 1040ES payments as well - just so you don't get bit by really big & ugly surprises. You'll still probably owe more tax on top of that.

The USA has very punishing taxes for business owners. You'd think the Gov't would go easier on those of us who create jobs. :(

[EDIT]

A clarification ; this Schedule C "SE" tax is an additional amount on TOP of your regular personal income tax. People who haven't run a business, don't expect it. So - if you were thinking "I'm only paying 35% tax this year" - you'll have a shock of a Schedule C SE Tax which is another 20%+ added to that 35% - bringing it up to 55% overnight.

You can make as little as $40K-50K and end up paying nearly half of your income out in taxes if you're not careful. So, careful planning is something to do.

Damn, everyone needs to watch some interviews of Guy.

His image (*false image) ...leads to hate that is completely unwarrnted. Behind the persona, Guy is a kickass dude.

"Does Not Fit Company Culture."

Behold! The most straightforward answer of straightforward answers.

Smite + Oculus Rift?