Set aside 8% of every deposit for taxes
Ready to decideStarts Oct 19Updated Oct 9
What it does to your runway
Without it52+ weeks
If you say yes52+ weeks
You stay above your floor all year. Your lowest week starts Feb 1, at $34,350.
If you say yesWithout itLowest week
What changes
- Moved to a separate tax account8% of deposits, about $750 a weekEvery week
- Quarterly estimated taxesPaid from the tax accountJan 15, Apr 15, Jun 15, Sep 15
In your words
“The April tax bill knocked the wind out of me. I have a bookkeeper, but I still didn't see it coming.”
Your note, Oct 9
What Stellium sees
Your operating cash runs a little lower week to week, and the four big tax days stop landing on it at all. By April you'd have the full payment sitting ready.
With the money already moving into its own account every week, April's payment becomes a date you can see coming.