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They may recommend paying estimated taxes if you’re bringing in a lot in addition to your full-time job. To make sure you’re in good standing, talk to a tax advisor and tell them how much you’re bringing in through side hustles. So set money aside for taxes to ensure you don’t get blindsided by a fat tax bill due to side hustle revenue. Put your money into savings and investment accounts so you can turn $5 and $10 payments into more. The trick is to be smart about how you manage your earnings so that you maximize revenue. Whenever money is on the table, there’s a fine line between the two.
