There are two great ways to save this money, depending on the structure of your business:įor businesses with a consistent stream of income: You can simply set up automatic bank transfers to regularly pull funds from your primary bank account into a secondary savings account.įor businesses with variable income: If you close large deals less frequently, get in the habit of making these transfers manually whenever you receive payment from a client. We recommend keeping this money in a separate bank account from the one you use in your day-to-day business dealings, as a great way to keep you from dipping into this fund. Saving about 25-30% of your net business income will make sure you’ve got the money required to pay your federal income taxes. This means it’s important that you always have enough money in the bank to make these payments in April, June, September, and January. Keep in mind that in many types of small business structures-namely sole proprietorships, partnerships, and S corporations-you’ll generally need to make estimated quarterly tax payments if you expect you’ll owe more than $1,000 in taxes $1,000 in a calendar year. When you run a business, it’s important to remember that you’ll be paying taxes based on your self-reported net profits. It’s also worth keeping in mind that different small business entities will need to supply different information for their tax returns, so we created a handy small business tax checklist for you to make sure you’re prepared with what you need.
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“North Chennai is now getting its representation through gaana paatu (city folk songs on poverty, life in the slums, love, loss and struggles) and in movies based entirely on the locality like Irudhi Suttru for example,” Baskaran says. Tamil movies frequently immortalise the abandoned north - usually through unforgettable villains like ‘Pattasu’ Balu (Thiruppachi) and Selvam (Polladhavan), and occasionally through the hero, as in Pudhupettai. North Chennai was the setting for a bunch of post-2000 movies: Gemini, Pudhupettai, Polladhavan, Idharkuthane Aasaipattai Balakumara and Madras. It’s a substantial trend in a city that defines Tamil cinema and is defined by it. A football ground in the area as seen in the film, Madras. “Unless you want a film to be set in the north, which we’re seeing as a new trend now.” North Chennai was the setting for a bunch of post-2000 films such as Gemini, Pudhupettai and Polladhavan. “This is because there is just no place to shoot in north Chennai,” says AR Venkatachalapathy, historian, and Professor at Madras Institute of Development Studies. And traditionally it used to be neglected by cinema too. Today, north Chennai lies neglected by fellow residents and the powers that be. It was the south that became the new ‘Madras’ with its wealthy residential localities and the middle class. “North Chennai traditionally had factories - it’s more working class,” says film historian and wildlife conservationist Theodore Baskaran. Anna Nagar, KK Nagar, T Nagar, Boat Club - unga area.’ “This is our area, don’t you dare enter it,” is roughly how the song in Pudhupettai (2006) goes, demarcating rich neighbourhoods in the centre, west and south of Chennai from ghettos up north.Ĭhennai was born in the north and grew southward. ‘Pudhupettai, Kasimedu, Ennooru, Vyasarpadi - enga area. ‘Enga area ulla varadhe… Enga area ulla varadhe!’ sings a school-uniform wearing Dhanush. |
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