Tag Archives: expenses
Working as an accounting clerk can be an exciting and rewarding job. Whether you are responsible for managing appointments, data entry, or assisting other office staff, if you work for an accounting firm you should receive a Form W-2, Wage and Tax Statement, from your employer. This form will list your wages and withholdings that […]
— Read moreWhen you work in the food service industry, especially as a waitress/waiter, busboy, hostess, or sommelier, you may rely on tips as part of your income. This additional income can get confusing at tax time, as you may not know what you are required to report to the IRS. Whether you receive tips or not, […]
— Read moreSupervising and managing production or employees comes with a lot of responsibilities. So does tax time. As a supervisor, you need to be prepared to file your federal income taxes and get the best benefit available to you. Deductions are a great way to reduce you taxes, provided they are related to your job. At […]
— Read moreAnyone who works for a package handling company is subject to the same rules at tax time as many other employees. Whether you work in the warehouse, or you are responsible for package logistics, you will receive Form W-2, Wage and Tax Statement from your employer. This form will list all of your income received […]
— Read moreCustomers are an essential part of any business which is why it’s extremely important to take good care of them and assure the highest level of customer satisfaction possible. In order to do this, many companies rely on customer service representatives to handle their interactions with customers. If you are employed as a customer service […]
— Read moreAs an electrician or other tradesman, you will receive Form W-2, Wage and Tax Statement, from your employer. Payments that you get for services you provide outside of your employer, may be considered pay from self-employment and reportable on Schedule C, Profit or Loss from Business. Independent income would incorporate payments received for introducing overhead […]
— Read moreWorking with your hands to create a final finished product that is functional and well-crafted can really give you a great sense of accomplishment. It’s even better if you get paid for it. As an employee assembler, you will receive a Form W-2 from your employer at tax time. This form will document your wages […]
— Read moreAs a chef, you may earn income both as regular pay and tips or bonuses. The tips you report to your employer are listed in Box 1 of your Form W-2, Wage and Tax Statement. They will be added to your regular earning. Even though you don’t have to report tips totaling less than $20 […]
— Read moreLike any other skilled tradesman, professional painters can expect to receive a Form W-2, Wage and Tax Statement from their employer. Anyone who runs their own business or does painting work on the side is considered to be self-employed, and should receive a Form 1099-MISC for any amount they received on their own. Even if […]
— Read moreTaxpayers who work as a tradesman, including a PC professional, electrical technician, craftsman, development specialist, forklift administrator, repairman, machine administrator, painter, handyman, welder or worker, will receive Form W-2, Wage and Tax Statement, from your employer. If you receive payments for service from anyone other than your employer, this income may be considered self-employment and […]
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