Posts Tagged ‘tax preparer regulations.’
Any tips on lowering my property tax on 2nd home in the Houston suburbs?
I noticed investors pay higher taxes than residents. Is there any loop holes to pay lower taxes for non-residents? Home assessment for property tax does not take investors into consideration. This year my property was valued for the next 2 years. I ran some numbers and appealed to have the assessed value lowered. Not much…
Read MoreTax Deduction Tips : Social Security Tax Tips
Everyone can use some tax advice. Get tips for how social security and tax laws work in this free video clip about tax deductible items. Expert: Tom Choisnet Bio: Tom Choisnet has been in self-employed tax practice for over 40 years, and he has been an enrolled agent since 1968. He has prepared over 35000…
Read MoreIs it legal for a restaurant employer to tax a server on the tips they share with the bus crew, hostess, cooks?
On our paychecks we are taxed on all recorded tips including the tips we give to hostess, bus crew cooks etc. They aren’t taking out a percentage of what we tip out, they tax all of it from our paychecks which leaves our paychecks really low. If tips are shared among the staff, each employee…
Read MoreIRS TAX TIPS: Standard Deduction for Non-Itemizers ( ASL, CAPTIONS & AUDIO))
Standard Deduction for Non-Itemizers – Public Service Announcement from IRS, courtesy of the NAD: This year homeowners who don’t itemize may get a bigger standard deduction. For more information, go to www.irs.gov Duration : 0:0:45
Read MoreAre 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 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…
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