Tag Archives: uniforms
As 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 moreAre you employed as a custodian? As well as cleaning and organizing your employer’s business, you’ll need to do the same to your expenses come tax time if you want to save the most money. Your employer will send you a Form W-2, Wage and Tax Statement, provided you work for the company and are […]
— Read moreAs a hair stylist, your employer is required to supply you with a Form W-2, Wage and Tax Statement. You may also receive additional income in the form of tips, which will be reported with your regular income in Box 1. You don’t have to report tips less than $20 each month to your employer, […]
— 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 […]
— Read morePeople often consider three big deduction when they think of itemizing: home mortgage interest, state and local income taxes, and charitable donations. Though, there are many additional deductions aside from the three common ones. These deductions are typically considered “miscellaneous itemized deductions” and are able to be claimed if they are more than 2% of […]
— Read moreCertain miscellaneous expenses, like consultation fees for tax services that you incur throughout the year, may be able to be deducted at tax time. If you chose to itemize your expenses, you may even be able to lower the amount of taxes you owe. If you want to claim miscellaneous deductions on your tax form, […]
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