How Do I File Taxes If I Work As a Freelance Artist?

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Taxes : Business & Finance

Claiming Tax Relief on Medical Expenses

Which Medical Expenses Are Tax Deductible?In general, medical expenses for which you have not been reimbursed are tax deductible. These expenses have to be considered "ordinary," such as medical insurance premiums, dental treatment, laser eye surgery, eyeglasses and medications. Other...

Tax Debts Owing to HMRC

HMRC have a wide variety of options available to enforce a debt. It is important that as a business owner you seek immediate professional advice if you are unable to pay you tax debts.

What Are Tax Havens - And Will Governments Crack Down on Them?

Governments of the world hate tax havens, and from time to time threaten to abolish them. But will they? In the wake of the financial crisis and economic recession that started in 2008, there have been new calls to crack down on tax havens and offshore bank accounts. But it's mostly hot air.

How to Obtain a Tax ID Number for a Foreign Entity

The Internal Revenue Service (IRS) issues Tax Identification Numbers (TINs) to businesses that are required to file tax forms and other statements with the United States government. The IRS requires a federal TIN for foreign entities that do business with companies inside the United States or operat

Is Tuition Reimbursement Taxable Income?

Tuition reimbursement is a fringe benefit offered to employees that allows them to recover a portion of their tuition from their employer should they choose to further their education. Employer plans vary, but typically you are reimbursed for your tuition expenses once you have completed and passed

Salary Range for Counselors

Whether helping patients in a clinical setting or assisting high school students with preparing for college, counselors need excellent communication skills and the ability to effectively manage stress. Counselors, regardless of specialty, must be able to work with a variety of people that have a ran

How To Avoid Having Garnished Wages

There are many effective actions you can take to avoid having garnished wages. Delaying action or ignoring the IRS or other tax agencies is the worst thing you can do. To avoid irreparable damage to your credit and financial integrity, it is extremely important to do your best to pay your tax bills

How to File Coupons for Beginners

Using coupons is an effective way to reduce the amount your household spends on groceries, personal care items, household items and eating out. After you clip a coupon, you need to file it in a place where you will be able to find it when you need it. This is especially true if you want to wait for

How to Deduct a Dress Rental for Work on Your Taxes

The Internal Revenue Service does not allow individuals or business persons to deduct the cost of clothing or clothing rentals when the garment can be construed as ordinary street wear. Even when you wear a dress, suit or ensemble for work that is not a garment or style you would normally dress in o

List of Documents for Taxes

Tax forms require information from a number of sources.tax forms image by Chad McDermott from Fotolia.comDoing your federal and local income taxes can be complicated and frustrating. Besides the mathematical and complex instructions, tax forms require information from a number of forms...

A Guideline For Ad Valorem Tax Texas

Tax is a matter of great concern for most people in Texas. This is an infamous property tax that almost every Texan hates to pay. However, you hardly have an alternative but to pay your ...

Can You Get an FHA Loan If You Haven't Filed Taxes?

The Federal Housing Administration, FHA, insures mortgages for approximately one-third of the country's home owners. As an agency within the Department of Housing and Urban Development, FHA guidelines require full documentation of borrower income to qualify for a government-insured loan. FHA-approve

How Do I File Taxes If I Work As a Freelance Artist?

If you are a freelance artist, you will need to file a 1040 federal tax return with a Schedule SE, which is for Self-Employment Tax, and Schedule C, which is Profit and Loss from Business. You will be responsible for Social Security and Medicare taxes when you file if you have not filed quarterly es

Canadian Tax Return Information

Canadian tax returns are managed by the Canada Revenue Agency (CRA). This government department deals with the collection of all federal taxes in Canada for both individuals in businesses. In addition to collection, the CRA is responsible for the distribution of income tax refunds as well as any tax

Does Unearned Income Credit Get Reported to SSI?

Social Security bases the amount of Supplemental Security Income you receive on how much income you have. The higher your income, the lower your benefit. If your income exceeds the limit allowed, you will not qualify for SSI benefits. Although not all types of income you receive count for SSI purpos

Texas Unemployment Benefits for a Military Soldier Returning From Deployment

If you've served in the military, returning from a deployment requires a period of adjustment. A period of reacquainting yourself with your family and friends helps you to readjust to living as a civilian. And you need to look for work. For the past few years, the military has been your job and like