Posts Tagged ‘accountant’
Are the tips that a sever has to tip out to support staff (bussers, bartenders, etc) tax deductible?
It is after all a business cost. We claim tips based on sales. We tip out based on a percentage of those same sales. It comes out to roughly $50 a week. Over the course of the year thats $2,600. Surely there’s a legal way to get some of that back. If there is a…
Read MoreRESP: Registered Educational Savings Plan … an effective tool to plan for your childs future
The Registered Educational Savings Plan is a very effective way to plan for your child’s future while saving on taxes. As a School Board Commissioner and College Governor, I recognize the tremendous value of education and prepared this video as a means of helping families plan ahead for their childrens higher educational needs. Duration :…
Read MoreIRS TAX TIPS: e-FILE REQUIRES e-SIGNATURE ( ASL, CAPTIONS & AUDIO))
E-FILE REQUIRES e-SIGNATURE – Public Service Announcement from IRS, courtesy of the NAD: New Information! e-Filed returns must be electronically signed. For more information, go to www.irs.gov Duration : 0:0:51
Read MoreTax Tips: Message for Tax Preparers (ASL, Captions & Voice Over)
If you are paid to prepare tax returns for other people, watch this video for information about important changes that will impact paid tax preparers. Duration : 0:1:13
Read MoreWhat are 10 tax tips?
I do not have 10, but I do have a few. 1. Do not forget the telephone excise tax refund. This is worth between $30-$60. 2. If you have qualified stock dividends, take the extra time to use the qualified dividend tax work sheet. 3. Read the directions for everyline carefully. Also be careful about…
Read MoreTwelve Home Based Business Tips for Over-worked Entrepreneurs
Do you ever feel like there are too many things to do and not enough “day” to do them in? Do your weekends seem to fly by while your time spent at your day job seems to drag? Does it seem like you’ve just sat down to do a little work on your business and…
Read MoreDo i have to report my tips? When it comes tax time?
I work as a bagger at a commisary at a military base. My income is purely tips. I do not have an hourly wage. Do i have to report anything? I was told by the head guy that i dont and that i am my own vendor. I live in FL. Is the commissary going…
Read Moreif hourly hair stylist can employer tax my tips if so how much?
If you are being paid hourly and over the minimum wage, you do not need to report your tips. However the percentage rule applies to make sure that your employer is paying you at LEAST minimum wage ( and therefore needs to report your tips)…this mainly applies to restaurants where many establishments pay those who…
Read MoreTax Tips: Message for Tax Preparers – January 2010
If you are paid to prepare tax returns for other people, watch this video for information about important changes that will impact paid tax preparers. Duration : 0:0:59
Read MoreWhat Are Some Good Tips For Getting The Best Tax Return?
Tax planning should happen all year long. This article looks at some things that you can do to limit you tax liability in a legal way. A the end of “What Are Some Good Tips For Getting The Best Tax Return?” we have included some other informational links. It’s the beginning of the…
Read More