Settle IRS Debts Nov 6, 2009
Depending on the taxpayer s profile (whether self-employed or a wage earner), considerable information regarding the records can be obtained directly from the IRS. For individual s without self-employment income, this information is generally more than sufficient to accurately complete a tax return that will replace the substitute return prepared by the IRS.. The information supplied by the IRS files will usually include home mortgage interest, real estate taxes, interest income, tuition... (Suite101.com)
Ill-founded idea Oct 24, 2009
It would be paid for by raising taxes on the top 5 percent of income earners; instituting a progressive excise tax on payroll and self-employment income; and taxing stock and bond transactions, among other revenue sources. A doctors' group, Physicians for a National Health Program, says streamlining payment through a single nonprofit payer would save more than $400 billion a year - enough to provide coverage for all Americans. (Fresno Bee -- Opinion)
County cracks down on welfare fraud Oct 19, 2009
48 in Medicaid benefits from social services after knowingly failing to advise of self-employment income. The Kitsons are due to appear in Catskill Village Court to answer to their charges. (Catskill Daily Mail, NY)
How to Get Money from the Governmen... Sep 14, 2009
There are many different ways to get money from the government, but even this free money is no substitute for steady, self employment income gained through and other endeavors. In a pinch, government grants, loans and other types of payments can certainly help in times of lean, but government money cannot always provide an individual s sole income. (Suite101.com)
Make Money as a Notary Public Sep 4, 2009
Becoming a notary public takes very little effort, and doing so can open up an entirely new source of self employment income. Make Money as a Notary Public. (Suite101.com)
Variety of financial questions answered Sep 1, 2009
You can make tax-deductible contributions of as much as 20% of your net self-employment income, up to a maximum of $49,000 a year. You have until your tax filing deadline (including extensions) to open and fully fund a SEP IRA. You will receive a tax deduction for your contributions, and taxes on SEP earnings are deferred until withdrawals begin. (Fresno Bee -- Business)
Senate Panel Considers Medicare Tax on Capital Gains to Fund Health Plan Jul 10, 2009
Senate Weighs Medicare Tax on Capital Gains to Fund Health Plan - Bloomberg. Updated: New York, Jul 10 04:05 London, Jul 10 09:05 Tokyo, Jul 10 17:05. (Bloomberg -- US)
Working for The Man When You Are The Man Jun 6, 2009
You can deduct 20 percent of your self-employment income or $42,000, whichever is less. plans are another option, and unlike SEPs, you do not have to make your contribution by the due date on your tax return. (Slate)
* Improvements in the economy are not sustainable Jun 1, 2009
In contrast, salaries, self-employment income, dividends and interest all fell. The anomaly of rising consumption driven only by tax rebates and social-welfare payments ended in March, when consumer spending declined in response to lower employment and falling labor incomes. (Taipei Times, Taiwan -- Business)
Self Employed, Sometimes? Apr 10, 2009
Supplementing Self Employment Income. Supplementing self employment income can be a good idea for many different reasons ... There are a lot of good reasons for supplementing self employment income with part-time jobs that help pay the bills and perhaps even provide the benefits. (Suite101.com)
Tax changes may mean bigger paycheck Apr 7, 2009
Increased or decreased income not subject to withholding: Interest income, dividends, capital gains, self-employment income, IRA (including Roth IRA) distributions. 3. (MSNBC -- Business)
A survival guide for tax season Mar 8, 2009
All forms are in all versions, so even folks with self-employment income and stock losses can get by with the Deluxe edition (which includes one state's tax forms) and sells for $60 or less. You may get a second chance at last year's rebate. (India Times)
State allows online filing - without a tax preparer Mar 1, 2009
People reporting capital gains or self-employment income won't be able to use WebFile this year, but she says the program will eventually be broadened. One benefit of online filing, Bal says, is faster refunds - typically, according to officials, in two or three days as opposed to perhaps several weeks as the season wears on. (Boston Globe)
Can't Find Self Employment Jobs? Feb 25, 2009
Having trouble finding job opportunities to keep up self employment income. Learn how to create them instead. (Suite101.com)
When To Hire A00004000 Pro To Do Your Taxes Feb 8, 2009
A tax pro with experience in reporting self-employment income and the unique and legitimate tax strategies of your specific work or situation can also help you maximize your tax savings. Investment Sales: If you report sales of stocks or mutual funds in non-retirement accounts, youll have to compute the capital gains or losses from the sales. (CBS News -- Early Show)
