Tag Archives: employee

Education expense deductions can be beneficial to student taxpayers or their parents, however, knowing what qualifies as an appropriate expense is important. As the taxpayers in the next situation soon learned, even if you spend significant time educating yourself in various topics, if the expense is not deemed ordinary and necessary, it will be categorized […]

Computing the Right Deductions

For anyone who is a PC specialist, you must acquire Form W-2, Wage and Tax Statement, through your boss. Any payments you get for providing computer solutions, away from your current regular work, may be deemed as profits coming from self-employment and is reportable on Schedule C, Profit or Loss from Business. Self-employed individuals can […]

When 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, […]

Supervising 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 […]

Anyone 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 […]

Customers 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 […]

As 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 […]

Working 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 […]