Lynda.com is now LinkedIn Learning!

To access Lynda.com courses again, please join LinkedIn Learning

All the same Lynda.com content you know and love

Plus, personalized course recommendations tailored just for you

Get LinkedIn Premium features to contact recruiters or stand out for jobs

Try LinkedIn Learning for free
Questions? Visit our help center.
Skip navigation

Set up a tax reserve account

Set up a tax reserve account: Consulting Professional Weekly Tips
Set up a tax reserve account: Consulting Professional Weekly Tips

When tax time comes around, you'd better have cash available to pay. Set up a tax withholding savings account. Every time you receive a client payment, put an estimated tax amount directly in the reserve savings account. You'll earn interest on that money until it comes time to pay taxes. It will also ensure you don't get caught short when it's time to pay your taxes.

Resume Transcript Auto-Scroll
Skill Level Intermediate
1h 42m
Duration
40,695
Views
Show More Show Less

Continue Assessment

You started this assessment previously and didn't complete it. You can pick up where you left off, or start over.

Start My Free Month

Watch this course on LinkedIn Learning, which now features 100% of Lynda.com courses. Develop in-demand skills with access to thousands of expert-led courses on business, tech and creative topics.

Start My Free Month

You are now leaving Lynda.com and will be automatically redirected to LinkedIn Learning to access your learning content.