For those of you who have contracted work out to other people, and who have paid those people $600 or more in the past year, now is the time to report that to the IRS and to remind the subcontractors that the payments they received are taxable. It is time to issue Form 1099 MISC. […]
1st of January
If you chose the standard mileage rate to deduct your vehicle expenses for your business use, NOW–right now–is the time to record your odometer reading. You will want to have total miles driven for the year and miles driven for business purposes. Business miles will, of course, come from your record of business usage of […]
Less Paper to File
I have stumbled upon, what I believe to be, an easier way to keep track of items paid on-line. I signed up to receive my credit card and utility billings on-line. The following is how it works. I: get notices via e-mail; go the the site; print only the page on my bill that contains […]
So, You Want to Start a Farmer’s Market?
One of our readers left us a comment, with this question, “I live in a small town and I would love to start a community Farmer’s Market that would be on the line of a ‘Flea Market’. Where do I start?” Great question! Here are some ideas to get you going. First you need to […]
