Monthly Archives: July 2015
As a mechanic, you are entitled to certain deductions of unreimbursed job-related expenses come tax time. In order to maximize your deductions and lower the amount of taxes you owe, you should keep receipts for all expenses you incur throughout the tax year. The amount of taxes you paid will be listed on a Form […]
— Read moreSimilar to other professions, clergy also receive a Form W-2, Wage and Tax Statement, which indicates salary received as well as housing allowances. Additional income forms, such as honoraria and fees for baptisms, funerals, marriages, and other private masses are considered self-employment. The wages are reported on Schedule C, Profit or Loss from Business. In […]
— Read moreHousekeepers, janitors and custodians are all subject to income tax requirements. If you are employed by a company or other organization, they will provide you with a Form W-2, which will list your applicable income and tax withholdings. You are required to report your income to the IRS, even if you are self-employed. You are […]
— Read moreAs a carpenter, you’ll spend your days constructing a variety of items for people which incorporate a great level of precision and skill. You’ll need to copy this ability when filing your tax return. With so many different deductions and credits, as well as tax codes, it takes a keen eye to make sure everything […]
— Read moreYour employer should furnish a Form W-2, Wage and Tax Statement if you work in an office as an accounting or data entry clerk, secretary or administrative assistant. My deducting unreimbursed, job-related expenses you may be able to reduce the amount of your tax liability. Proper documentation should be kept for all expenses, including receipts. […]
— Read moreJanitors and custodians can decrease the amount they owe in taxes by claiming work related deductions. Those who work for an employer will receive a Form W-2 which documents their wages and withholdings. This form can come from the agency you work for, or the individual to which you provide services. You are considered to […]
— Read moreIf you drive a vehicle for work, whether a bus, truck, or taxi, you can expect to receive a Form W-2 Wage and Tax statement which documents your income and withholdings from your employer. If the option for ‘Statutory Employee” is checked in Box 13, you’ll need to file a Schedule C, Profit and Loss […]
— Read moreConstruction workers are a vital part of the employment industry. Without you, our lives would be much different. Our roads, buildings, homes, and other structures would be in a state of disrepair. However, the job can lead to a few out of pocket expenses for worker, which they can deduct at tax time to save […]
— Read moreAs a military service person, you will receive a Form W-2, Wage and Tax statement, like other employees. This form will document your military pay that is subject to taxable income. In cases where you were paid for military service in a combat zone, those wages may be excluded from taxation. Additionally, any commissioned officers’ […]
— Read moreAs a plumber, you are responsible for reporting your income to the IRS, and paying any applicable income tax. If you work for another company, you will receive a Form W-2, Wage and Tax Statement, from your employer. However, you may work for yourself, doing odd plumbing jobs or even as your own business. In […]
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