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    Tips for Deducting Work-Related Expenses

    Tips for Deducting Work-Related Expenses
    Commitment to your job sometimes requires digging into your own pocket to purchase a uniform or treat a client to 18 holes of golf. But such unreimbursed expenses can pinch financially, unless you learn IRS rules for deducting work-related costs from your taxable income. Fastidious record keeping and advice from a tax professional can also help mitigate the suffering. "Many of ...
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    Filing Taxes Online

    Filing Taxes Online
    Tax season is right around the corner and several military families will attempt to file their taxes on paper. However filing taxes on paper is a long and cumbersome process. If an individual taxpayer chooses to file without the help of a certified public accountant (CPA), the process can take hours. And, if mistakes are made the repercussions can take the ...
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    Your Job Search Expenses May Be Tax-Deductible

    Your Job Search Expenses May Be Tax-Deductible
    Did you spend substantial amounts of money looking for a new position last year? You may be able to succeed where Nelson Rockefeller failed and take a tax deduction for many of your job search-related costs. When New York Governor Rockefeller was appointed vice president in the '70s, he deducted expenses incurred in connection with his congressional confirmation hearings. Years later, ...
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    Tax Preparation Checklist

    Tax Preparation Checklist
    Page 1: Artists and Designers! Get Organized Before Tax Day Page 4: Schedule C for Artists and Designers Page 5: What Can Visual Artists Deduct on Schedule C? Page 6: Tax Preparation Checklist Page 7: 5 Ways to Make Your Taxes Less Taxing Page 8: The 11 Most Overlooked Tax DeductionsGo through the following checklist before you prepare your income tax ...
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    5 Ways to Make Your Taxes Less Taxing

    5 Ways to Make Your Taxes Less Taxing
    Page 1: Artists and Designers! Get Organized Before Tax Day Page 4: Schedule C for Artists and Designers Page 5: What Can Visual Artists Deduct on Schedule C? Page 6: Tax Preparation Checklist Page 7: 5 Ways to Make Your Taxes Less Taxing Page 8: The 11 Most Overlooked Tax Deductions Let’s face it: Doing your taxes is about as exciting ...
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    The 11 Most Overlooked Tax Deductions

    The 11 Most Overlooked Tax Deductions
    Page 1: Artists and Designers! Get Organized Before Tax Day Page 4: Schedule C for Artists and Designers Page 5: What Can Visual Artists Deduct on Schedule C? Page 6: Tax Preparation Checklist Page 7: 5 Ways to Make Your Taxes Less Taxing Page 8: The 11 Most Overlooked Tax Deductions TurboTax helps you find tax deductions you may have overlooked. ...
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    Top Ten Odd Ball Tax Deductions

    Top Ten Odd Ball Tax Deductions
    Page 1: Artists and Designers! Get Organized Before Tax Day Page 4: Schedule C for Artists and Designers Page 5: What Can Visual Artists Deduct on Schedule C? Page 6: Tax Preparation Checklist Page 7: 5 Ways to Make Your Taxes Less Taxing Page 8: The 11 Most Overlooked Tax Deductions Admit it. As you've worked on your return, trying to ...
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    Bailout Bill Extends Tax Breaks for Individuals

    Bailout Bill Extends Tax Breaks for Individuals
    In 2008, legislation was passed to help rescue US markets and the economy. But did you know that these bailout bills also included a bundle of income tax breaks? The biggest ones are known as "extenders" - popular tax breaks that might seem permanent to most taxpayers, but actually must be renewed every year or two. Stuffed inside the *Emergency Economic ...
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    Action Now = Tax Savings in April

    I keep hearing that I should do something or other to improve my tax situation before the year ends. Is there really anything I can do at this point? Whether you are having a good year, rebounding from recent losses, or still struggling to get off the ground, you may be able to save a bundle on your taxes if you ...
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    Schedule C for Artists and Designers

    Until a couple years ago I did my own taxes. As an artist, at least a portion of my income came under self-employment. Since freelancers need to keep track of all they have spent, by the time I had it prepared it for the accountant easiest part was left, filling in the blanks. It is always a good idea to have ...
    Rated: +4
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    What Can Visual Artists Deduct on Schedule C?

    A general list of what you can and cannot deduct on a Schedule C (Profit or Loss from Business) h2. Items you can deduct: • Supplies, materials and labor - excluding yourself • If you traveled for your self-employed business you can deduct the expenses of the trip: travel, meals, expenses related to the production of goods • Advertising: cost ...
    Rated: +2
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    Artists and Freelancers! Get Organized Before Tax Day

    h4. Get Organized! The best way to cut down the work on tax day is to be organized before tax day. Some simple tips: h4. Income • Keep track of your income. Collect 1099s, save invoices, and deposit slips. As you deposit this money, make a note who it is from so that you don't have to look at it and ...
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    How Artists and Designers File Taxes

    How Artists and Designers File Taxes
    April is just around the corner — if you are self-employed even for a portion of your income filing a straight 1040 is not enough. A schedule C and schedule SE will be required. Let us make this overwhelming task a little bit easier for you. Here are some helpful hints on filing your taxes this year. Page 1: Artists and ...
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    Schedule C for Artists and Designers

    Schedule C for Artists and Designers
    I've done my own taxes for years now. As an artist, at least a portion of my income has come under self-employment. I would love to pay someone to do this for me, but there was a mound of work just to prepare it for the accountant. By the time I got all of that information in order, added up, divided ...
    Rated: +1
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    What Can Visual Artists Deduct on Schedule C?

    What Can Visual Artists Deduct on Schedule C?
    The following is a general list of what you can and cannot deduct on a Schedule C (Profit or Loss from Business). h4. Can: supplies, materials and labor - excluding yourself If you traveled for your self-employed business you can deduct the expenses if the trip: Travel, meals, expenses related to the production of goods Advertising: cost to produce, postage etc. ...
    Rated: +1
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    Artists! Get Organized Before Tax Day

    Artists! Get Organized Before Tax Day
    The best way to cut down the work on tax day is to be organized before tax day. Some simple tips: h4. Income Keep track of your income. Collect 1099s, save invoices, and deposit slips. As you deposit this money, make a note who it is from so that you don't have to look at it and wonder later. Make a ...
    Rated: +1
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    Make Your Taxes Less Taxing: Tips and Tricks

    Make Your Taxes Less Taxing: Tips and Tricks
    Taxes are overwhelming and complicated. There is form after form and it gets tough to keep them all straight. The most painful part, however, is seeing the toll it takes on you wallet. TurboTax, Military.com and ArtBistro have brought you expert financial advice to make your taxes and painless as possible and hopefully save a lot of money in the process. ...
    Rated: +1

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