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1099 - MISC Forms For Independent Contractors For 2005
As we begin 2005, you’re probably not thinking about taxes at all. This is a mistake as deadlines are approaching for issuing and filing 1099s to independent contractors.
What is a 1099 MISC?
Generally speaking, the IRS requires you to report...
A Daily Dose of Planners
We all have our schedules to keep and we are all committed in
making our lives as productive as possible. And because of this
need we have invented all kinds of planners and memo notebooks.
No need to tell, but almost all of us need a...
Steal This Email!
Ample media attention has been focused on security issues such
as viruses, phishing attacks and theft of sensitive customer
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and Malware (malicious software) has also garnered...
The Six Rules of Effective Communication
Effective communication is vital if you wish people to understand your viewpoint. It becomes even more crucial in professional settings, as fierce competition means that customers must be convinced that your products are superior to your rival's....
What To Do With 97 Business Cards
Copyright 2005 Stacey Morris Networking events are a waste of time if you don’t leverage your contacts. If you’ve ever been to a networking event, you know that you can meet dozens of people in a short amount of time. Sometimes these turn into...
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Track The Tax Papers
Track The Tax Papers
By: Janet L. Hall
First let me tell you that I do not use a financial software package for my
business at this time. I tired some and found that it was more time
consuming for me then to simply put my receipts in organized folders and
total them at the end of month or year. I also keep a very detailed check
register and I don't find the need to re-enter this information into my
computer.
Here's what I do and might work for you.
I have two hanging folders that I keep in my file drawer in my desk. In
each of the folders I have manila folders for each line (category) item from
my tax form that I use in my business; such as Office Supplies, Utilities,
etc. As I get receipts for those line items, I simply drop the receipt into
the corresponding manila folder. At the end of the month or year I simply
add up the receipts for those categories to get my totals to enter onto my
tax form. This year it took me a total of three hours to total my receipts
and off to the taxman I went!
For days that I'm rushing or too tired to file receipts, I have a small
basket on my desk I can throw my receipts into and on my scheduled day of
filing they get filed away.
When tax season starts, set up
a temporary hanging folder to put ALL your
incoming tax paperwork and forms into. This way everything is in the same
place and you won't have to go searching for that W2 when you sit down to do
your taxes.
The Organizing Wizard, Janet L. Hall, is a Professional
Organizer, Speaker, and Author of 'Secrets of a Professional Organizer and How-To Become One.' She is the owner of
OverHall Consulting and Organizing By Phone. Subscribe to
her FREE organizing newsletter at
http://www.overhall.com/newsletter.htm or visit
her web site at http://www.overhall.com
Copyright Ó 2000 by OverHall Consulting
P.O. Box 263, Port Republic, MD 20676
All Rights Reserved. Permission is granted to reproduce,
copy, or distribute so long as article is kept intact, this
copyright notice and full information about contacting the
author is attached.
About the Author
The Organizing Wizard, Janet L. Hall, is a Professional
Organizer, Speaker, and Author of 'Secrets of a Professional Organizer and How-To Become One.' She is the owner of
OverHall Consulting and Organizing By Phone. Subscribe to
her FREE organizing newsletter at
http://www.overhall.com/newsletter.htm or visit
her web site at http://www.overhall.com
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