I have just started working as a hairdresser in a salon. What percentage of my tips should I save for taxes? First point would be: estimate what you think you are going to make for 2008. Income tax is "pay as you go". Now subtract from your income your standard deduction and the number of…

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Today I had the worse experience dining out. The server was doing a ok job. So we just left him about 15% tip..which I thought was fair. (I know some people tip 20% or more but we were just students who cant afford to be very generous.) Anyway, while we stepped out of the restaruant,…

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Do It Yourself Financial Plan Now is a perfect time to become acquainted with the advantages and downsides of changing a standard IRA to a Roth IRA. Now , only homes with a changed adjusted gross earnings (AGI) of less than $100,000 can convert, but this earnings limit will be relinquished in 2010. Why Convert?…

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