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Tuesday, February 10, 2009

Nothing is Certain but Yarn and Taxes


Ah, another day, another wonderful fiber to discover. It seems that recently I have really put the peddles down on my wheel and cranked out the yarn. This weekend I managed 7 skeins, out of 20 ounces of fiber. One was really really bulky and ended up being almost 6 ounces of fiber for 100 yards of yarn, but I really love the way it turned out. Look how fuzzy it is! It's going to make a wonderfully thick and squishy scarf for someone. It's a merino/alpaca blend and it just lept on to the wheel when when I spun it. This particular roving came from Winderwood Farm
and was hand dyed by Bob.


I also used another one of his rovings this weekend. It was my very first experience with a bamboo blend of anything. I blogged about it last time, but now it's dry and I have a picture of the end result. I wish you guys could touch it because it feels heavenly, so smooth and silky. It's the one on the right here. All that shine isn't just the flash, it's the sheen from the bamboo.

So now I come to the taxes part of the blog here. It has been brought to my attention that now that I am self-employed I should be saving back 1/3 of my income for taxes. Does that sound like a good number to the rest of you? I had already been doing this, but I want a little advice from some of you more seasoned veterans of the home crafting world. What works for you when it comes to giving Uncle Sam his dues? I'd love to hear from you.

4 comments:

Valerie said...

Your yarn is scrumptous!! I am drooling...
As for taxes, I work full time too so I just add any $ in with my regular return.

Claire MW said...

Thanks for visiting my blog! I am pleased you found it because that helped me find yours too! I am drooling too about your yarn - beautiful! I am only just learning how to spin, but your yarn is what I would love to be able to do one day. Wow! I love your bunnies too. I have an angora bunny that I recently rescued but he doesn't look like an angora now because I had to cut all the mats off him. It will grow back.

Are you going to attend the Iowa Wool & Fiber Festival in June in Adel?

Yarn Geek said...

I would love to attend the Iowa Wool & Fiber Festival! I had heard about it, but have not had the chance to go. This year I have a better chance. The lady who taught me to spin and I will be making a very good effort to go.

Claire MW said...

Here's the website for the festival! The classes are posted already, in case there is anything that interests you!