When people tip in cash I get to take it under the table but when people tip on CC or check it shows up on my paycheck and is taxed. Is this legal in California? It doesn’t seem right.
Just like any other agencies, offices, and or establishments, tax firms should also have permanent address and as well as a permanent business place. You should also be able to pay attention on the longevity of the said tax firm. Doing this will be a great way for you to verify the age and as well as the credibility of website domain (or the tax firm). If in any case that the website domain or the tax firm was just newly created within just months, it only indicates that the tax firm is totally new and or credible enough to handle your tax liabilities.
If in any case that you have large amount of debts filling up the IRS then it only means that you are much in need of a professional and or an expert tax broker. Several tax preparation firms are more in favor of alleviating certain tax problems as a mean of the offset industry seasonality. The output of this kind of happening is specifically the fact that they will not specialize in tax problem alleviation. Usually, tax firm professionals are hired for their skills and abilities in tax alleviation but not their skills in IRS negotiations.
One great indication of a well-rounded and real-time functional tax firm is the fact that it is able to serve and or cater all your needs and wants when it comes to your tax problems or in other words, if the tax firm has an active customer service providing.
If the tax firm has customer service representatives which are greatly active in catering all your needs and wants about your tax problems then it only means that you fortunately found the right firm.
Highly-efficient tax firms must be able to answer all your phone calls and or email if in any case that they do have an email address.
Some businesses can depreciate their deductions over a period of years, but section 179 allows fully deduction on items that was purchased during the year and used in the same year ,computer software is an example.
Companies pay unemployment benefits, workman’s comp, portion of the employee’s social security, medical insurance, miscellaneous expense which include items like advertisement and promotions directly related to the business, office supplies, travel expenses that include airline tickets, company vehicles, portion of your meals,and even dry cleaning bills which are deductions on taxes.
If you are fortunate enough to work from home, using a portion of the square footage of your home as an office can be used as a tax deduction along with a percentage of your mortgage payment, utilities, and supplies need to do your job. To save time you can even file your taxes online using a free efile service. There are many business expenses on taxes that are deductible so don’t short your business, consider getting a professional preparer to prepare your business taxes and this can be an addition to your deductions with a stress free mind.
My bill is with the restaurant, not the government, so why does the restaurant include the total + the tax when they calculate the suggested tip? Since tax is different in every state (or even different counties) and some states don’t have a sales tax, this means tips are supposed to be higher or lower in every state. This is stupid, so why do restaurants do it?
In US, do people usually count their tips or not when declearing personal income? Does government have an effective way to track this kind of all-cash income, or people just do this by morale?
What about countries in Europe?
Thnx.
whats the usual pay for waitresses. i live in ct if it helps. do they tax tips? and how bad is friendlys? i need a second job that pays student loans and the scedules arent strict. and I found out friendlys is hiring. im desperate. whats the good/bad?
I do not know much about taxes and I don’t know what to claim as expenses, can I claim gas,advertising,supplies,cell phones,business phone,office supplies,milage, running erands in my own car, business vans &up keep,as you see I am completely lost. I really don’t think H&R is going to cut it, should I get a CPA or acountant?
I started a year ago doing 2 maintianece contract work and got about $40,000.00 in 2006 and I still had not paid taxes because I didn’t know where or how to. My contract place just gave me a 1099Form. I’m single and I recently just got a regular W-2 job. I’m in Minnesota. I am afraid I will to paid an outrages amount of taxes. And also I had not been keeping receipts for the year 2006.
I purchased a house last year and am unsure which expense are tax deductible. Can anyone give me tips or point me to a website that provides this information?
I deliver pizzas for a living. I get paid minimum +, but also get tips. When I turn in my tips for tax purposes, do I report all of it or a percentage. I can’t get a straight answer from anyone.