AC Management and Tax Tips High Quality Solutions For
Increasing Truth Results
(Your Solutions To Success) See And Grab Your
Winning Tool(s) At Right Place.
Issue # November
2006
November 24 2006
Dear Members
All valued members with this publication are 100%
opt-in. Please be assured that your privacy will be maintained
and all records are kept confidential. No information would be
given out. If you ever want to unsubscribe, please check the
link at the bottom.
If member has any need to contact our ezine, email to
.
You can expect immediate attention!
================== END SPONSOR MESSAGE
======================
Editor
'S Note - Peter
Tran:
This month edition our firm features article which brings
you even more to huge deductions, The 10 Tax Tips for the
Self-Employed. Happy Holiday and Great Tax
Save!
This month's Products Recommendations And Best
Deals
:
January 31 2006 Federal
and State Employment Tax Due (Forms 941 & DE-6)
W-2,
Sales Tax
February 28 2006 Form
1099Misc Income Due To Independent Contractors
April 15 2006 Income Tax Due Sole Proprietorships & Partnerships
April 31 2006 Federal
and State Employment Tax Due (Forms 941 & DE-6)
Sales Tax
July 31
2006 Federal and
State Employment Tax Due (Forms 941 & DE-6)
Sales Tax
October 31
2006 Federal and State Employment Tax Due
(Forms 941 & DE-6)
Sales
Tax
CONTENTS
_Publisher's Article:
***** Taking Advantage
of Tax
Deductions
_Market's New
Inventions
_Special Contests
& Announcements
_Member' Free Website
Tools
_Classifield
Ads
Feature Article:
10 Tax Tips for the Self-Employed
Technology and the ease of
telecommunication have prompted more consultants, coaches,
contractors and freelancers to take business matters into their own
hands. Self-employment is no longer a means of making some extra
money but a full-time career, and many such full-timers are
punching their own time clocks and making excellent incomes.
The self-employed have unique tax concerns. Below are
ten helpful tax tips to help lessen Uncle Sam's tax bite:
1. Keep very good records: Unlike a large company
in which someone is hired to maintain records of all income
and expenses, it is up to you to keep very good records, save all
receipts and be able to support your deductions.
2. Office space: Whether you have a separate office
facility or are using a portion of your basement or a converted
den, you can deduct the percentage of your home used exclusively
for business purposes. Take this percentage off of your mortgage
or rent payments as well as your utilities. If you have a phone
exclusively used for business, deduct those phone bills.
How to allocate Current Active Hiring employers? P/T or F/T or Any
Time?
Are
you looking for Projects Listing To accept work projects? New Jobs and projects listings updated regularly!
Register Free
accounts to get offers posted to your mailbox. http://www.acallresources.com/Jobs.html
================== END
SPONSOR MESSAGE =====================
3. Don’t forget business expenses:
Keep receipts and good records of business travel and other
expenses including office supplies, postage and shipping costs,
dues, subscriptions, and anything else business-related, including
computer software for your business and upgrades to your system.
4. Deduct child care costs: There are allowable
deductions for daycare, nanny care, babysitting and any other type
of childcare provided while you are working. Take the deductions
allowable.
5. Set up a retirement plan: You should consider setting
up a self employed qualified retirement plan (i.e. SEP IRA) not
only for tax purposes but for the same of saving money for your
retirement years. If you wish to start with more than $2,000, you
can opt for a Keogh plan, which allows you to put away more into
tax-deferred savings for your retirement.
6. Employ family members: You can deduct medical
expenses for your entire family by employing them legitimately.
Top 40 Web Design
Secrets To
Convert Sales From Now On! The Ultimate Marketing Weapon by Mike
Chen, The Eight(8) Things You Must Test, The Confidential Internet
Intelligent Manuscript, e-book by Mark Joyner And Much More.. For
Sales Now All For Only $27.00!
================== END
SPONSOR MESSAGE =====================
7. Defer income if necessary: Being
self-employed, you can alter your billing slightly to defer income
if you see yourself heading into a higher
tax bracket.
8. Get money back from FICA: Being self-employed, you pay both the
employer and employee portions of Social Security tax. You can,
however, deduct half of these payments on your 1040 form.
9. Increase expenses if necessary: Just as you can elect to defer
income, if you see that your income is high, you can make many
more year-end business purchases to add some tax deductions before
December 31st.
10. Get the right help: Look for tax help from someone who is
familiar with self- employment, since your needs will differ from
those of a company.
================== END
SPONSOR MESSAGE ================
Special Contests &
Announcements Current Contest: members who refer 10
"New Subscribers" will get FREE: ***** *****BlogGuide
. Simply refer
to www.managementtaxtipsezine.com to
subscribe. Note: For Our Current Members
Only Please!
Members' Online
Business Management
Instant Traffic
Formula For Your Websites and Free Softwares For
Downloads (
Free!!)
Classifieds:
(Instructions: members can submit one ad
60x5 for free. Space is limited therefore please submit early by
the end of each month. "First come First served"!)
Number One Web Hosting Services
Webmasters' Best Choice For Business!
Support 24 Hours 7/Wk. Start $4.95.
www.ixwebhosting.com
Winning Trusts Host
Incredible Web Hosting Package For Only $7.95!
2500 Megs, 50 Gigs Traffic, 500 Emails Account
House Foreclosures
List Bargain Foreclosure, House
For Half Simple & Easy. Free Trial Account! realtystore.com
Great Printer Cartridge
Ink Lasers, Injets Ink, Toner And More QUality,
SUPerior SerVice, SaVe 75% 123inkjets.com
Dreamweaver 8, Studio
8 Start-to-finish Web
Design a new level of expressiveness Simple & Save
Time adobe.com
Office Depot Supply
Store Quality Office Supplies,
Products Fast & FREE Delivery on orders of any size
OfficeDepot.com
Discounts Office Supplies Over 25 Thousands Products Fast Order and Free
Shipping discountofficesupplies.com
Interstate Battery
Store Batteries For Cars To
Cell Phones Quality Long Lasting! Order Now. Ibsa.com
ViKing Quality Office Supplies ViKing Office Supplies, Products Fast &
FREE Delivery on orders of any size viking.com
If You Had Enough Time
- You Could Be the Wealthiest Person in the World Start with: Time
Simplified - A Unique System for Managing Life http://www.timesimplified.com