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

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Taxes : Business & Finance

Instructions for Filing Federal Income Taxes

Like a job interview or doctor's appointment, filing taxes is not something you want to do, but it's necessary in order for you to meet adulthood's obligations. Although the tax-filing process is sometimes tedious, the process itself is relatively straightforward. Before you begin, however, it pays

Tax Relief - Credits for Higher Education

Two credits are allowed for college education: the Hope Credit and the Lifetime Learning Credit. Either can be claimed by the taxpayer, his spouse, or his dependent for whom exemptions can also be claimed.

4 Reasons to Use an Attorney for Back Taxes

When you get a letter from the IRS claiming that you owe back taxes, you may be tempted to simply throw away the letter and pretend it never happened. But ignoring the IRS and hoping ...

How Much Do Heavy Truck Mechanics Get Paid?

Heavy truck mechanics work for trucking companies, truck fleet dealers, independent repair shops and local government agencies. Depending on their type of employment, some also perform maintenance and repair work on buses, farm equipment and other vehicles with diesel engines. Although the U.S. Bure

IRS Auditing of Medical Deductions

IRS rules allow taxpayers to deduct medical expenses that exceed 7.5 percent of a taxpayer's adjusted gross income (generally wages plus other income, such as interest and dividends). Although deductions for medical expenses are not an automatic red flag for an IRS audit, the government is auditing

How to Report Income Tax Fraud in Canada

The Canada Revenue Agency (CRA) has set up five offices nationwide to deal with cases of suspected tax abuse or fraud. You can report someone else or you can report mistakes or incomplete information on your own taxes.

Income Tax Exemption - Interrelated Roadmap For Calculate Income Tax

Do you make your own income tax return to economize on preparation?If you do, or you plan on using this method on your next return, there are a couple of things that you should really know that may help you to avoid making high-priced income tax mistakes.Errors that will cost, some of your kickbacks

How to Estimate Illinois Online Sales Tax

Illinois charges a 6.25-percent sales tax on purchases, including purchases made online. Companies with a presence in Illinois that also conduct their business online collect this tax, on behalf of the state, from Illinois customers. Businesses who have no affiliation with the state do not have this

What States Don't Have Income or Sales Tax?

Accounting image by Guitar75 from Fotolia.comThroughout the United States, income and sales taxes vary dramatically from state to state. Some have no taxes at all and some states charge very high tax rates. Cost of living is a concern for most people and whether you are relocating for...

Paying for an Offer in Compromise

You must indicate the payment terms for your Offer in Compromise. The payment terms begin from the date that the IRS accepts and approves your Offer in Compromise. Payment terms available: Cash Payment, Short Term Deferred Payment, and Deferred Payment.

How Does Rental Property Affect Taxes?

Whether you're using an investment property as a full-time rental with established tenants or simply renting out a vacation home on the weekends when you don't use it, maintaining a rental property directly impacts your tax situation. Although you'll need to claim rental income from your property, t

How Your Local Real Estate Taxes Are Calculated

Do you live in a New Jersey township or municipality that recently had a revaluation of property values? Was your home properly valued? If not you might have a tax appeal.

Tax Deductions for Moving Expenses

If you move in order to accept a new job or because your existing company changed locations, you may be able to deduct your moving expenses from your taxes. Some of the expenses you may deduct include shipping and packing costs, driving costs and lodging during your move.

Job Salary in Applied Behavioral Analysis

Applied behavioral analysis is a professional field within applied psychology that works to determine the cause of behavioral disorders and issues in various patients and how to resolve those issues. Salaries for professional applied behavioral analysts are better than salaries for related occupatio

How Much Are Payroll Taxes for Nannies?

In the late 20th and early 21st century, several politicians lost appointments due to not paying "nanny taxes" -- payroll taxes they owed on their nannies' salaries. Don't make the same mistake these politicians made; pay your nanny taxes according to federal tax rules or withhold taxes from each of

Can You Get a Rapid Refund on a 1099?

A rapid refund is the way that many people receive their tax refunds. It is a loan for the money that you anticipate from the IRS (Internal Revenue Service). You apply for a rapid refund after the preparer completes your tax forms.

Easy and Efficient Processing of Payroll Online

Online payroll system is an automated system wherein the entire payroll information of businesses is stored on a server that can be accessed from anywhere, anytime. It has drastically helped in reduci

Do You You Need A Irs Attorneys I Sure Did

An experienced IRS Attorneys has one objective in mind. To resolve your tax issues for ever and ever. IRS Attorneys possesses years of fixing the toughest tax controversies around the country.

Advantages Of Having Professional Tax Accountants!

Now, conservative business owners will opt for the first choice, probably because they are low on budget. But in reality, they are low in their minds. However, making the second choice is what every sane and smart business owner would do.

Do I Have to Pay the IRS If I Am Disabled?

A central operating principle of the Internal Revenue Service (IRS) is that "all income is taxable unless it is specifically excluded by law." This means that all citizens, disabled or not, must report income on their annual taxes. Fortunately, the IRS has developed specific tax deductions and credi