Beschreibung Annual Tax Mess Organizer for Nail Techs, Manicurists & Salon Owners (English Edition). This Annual Tax Mess Organizer is for nail techs, manicurists and salon owners who are self-employed and have not kept itemized income and expense records as the year went along.For some it’s their first business tax season; others have run their business this way for years. Now that April 15th is getting close, they’re stressed out, and forced to stop working to deal with a disorganized pile of receipts and paperwork sitting between them and that fast approaching tax deadline. This organizer explains how to get on top of that paperwork quickly, so you can satisfy the IRS and get back to work. You’ll learn a simple method for organizing small business receipts, and exactly what the IRS expects of a self-employed person. Depending on how big of a mess you start with, you should be ready for the tax professional in 1-4 hours. All you need to make this organizer work is one spiral notebook with lined paper, 25 large envelopes, an adding machine and an empty table or desk top. Step by step, the organizer walks you through the sorting of your own receipts, explaining what the IRS expects, helping you to get everything organized and ready for your tax preparer.The examples in the industry-specific Annual Tax Mess Organizers only pertain to that particular industry; the basic Annual Tax Mess Organizer will work for most other professions; it includes a variety of examples and situations that can be applied to all types of self-employment situations.For those who have always done their own personal tax return, there is a chapter on how to fill out the small business Schedule C. It walks you through this form, line by line, showing you where to post all of the information you’ve gathered. Self employment taxes, 1040 entries, and other deductions for the self employed are also explained.
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Tax Trimming Ideas For Manicurists and Nail Techs ~ At tax time, nail techs and manicurists who rent space in a salon or spa must report all income, including tips, on the IRS small business Schedule C tax form. This is also where they get to deduct all of the money spent to make that income. And, just like the large corporate giants, the business tax form is the place where you get to file down your tax bill through good business planning .
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