Showing posts with label Tax. Show all posts
Showing posts with label Tax. Show all posts

Tuesday, September 22, 2015

How to Earn Extra Income


Become a registered tax preparer. Unless you are a Certified Public Accountant, an attorney or an enrolled agent who is exempt from registration, you must become a registered tax preparer with the IRS. According to the IRS, you must complete 15 hours of annual courses and take the required competency exams. You may also become registered through a tax preparation company, such as H&R Block, Jackson Hewitt or Liberty Tax. According to H&R Block, their course takes 84 hours to complete.
Decide whether you want to work alone or for a company that specializes in tax services, such as H&R Block or Jackson Hewitt. If you decide to work alone, you can simply advertise your tax preparation services online and prepare taxes for people you know. If you want to work for a company, continue to step three.
Take a tax assessment at H&R Block or one of the other tax companies, if applicable. This is a separate assessment than the exam that is required for registration; it simply shows the company that you are a capable tax preparer. Some companies do not include this assessment in the application process, such as Liberty Tax.
Fill out an application with your preferred tax preparation company. Upon hiring, you will likely begin as a seasonal tax preparer. Use this opportunity to learn the industry and earn extra money.
Begin your job as a seasonal tax preparer. After you complete taxes for clients, ask your clients to recommend your services to their friends, colleagues and family members.
Look for other opportunities. If you are hired as a seasonal preparer only, you will only be preparing taxes between January and Late April. You can earn year-round income by finding a company to hire you full-time or by finding contractors, businesses and self-employed individuals who need tax preparation services.
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Sunday, September 20, 2015

How to Make Money off a Peddler's License in Arizona


Identify a gap in the market. Think about what would sell well in the location in which you plan to trade. If you can identify an area close to you that would benefit from a peddler selling refreshments, consider setting up a food and drink stall. If you want to sell your own arts and crafts, look for a spot with heavy footfall that attracts the type of demographic that would be interested in your work.
Calculate your prices. Work out how you'd need to price your goods to turn a decent profit. Factor in the price of your raw materials, income tax deductions, fuel for transportation, your time and any other costs involved in your peddling venture. You'll also need to add sales tax on top of your final figure. The amount you'll need to add in sales tax will depend on where in Arizona you plan to trade. You can find information about sales tax in Arizona counties and cities on the Arizona Department of Revenue website.
Contact your local city or county government offices to find out if you need a peddler's license. You'll also need to ask if you need to meet any health and safety requirements or submit to a health inspection. The method for applying for a license will vary depending on the jurisdiction where you plan to trade. You may not even need to apply for a license if you're selling certain goods.
Buy a vehicle or a stall from which to trade. Make sure any equipment or inventory you invest in meets the requirements of your local licensing office. If you plan to sell your wares by going door to door, buy smart clothes and spend money on making yourself look as presentable as possible.
Apply for a peddler's license from the Arizona city or county government office that has jurisdiction over the area in which you plan to trade, if you require one. The method for doing so will vary from place to place. You'll usually need to submit recent photographs of yourself and a description of where you plan to trade, provide fingerprints and pay a fee. You also may need to submit to compulsory inspections.
Register for transaction privilege tax, or sales tax, with the Arizona Department of Revenue.
Work on making the stall or vehicle you plan to sell from as inviting as possible, or perfect your patter, and get selling.
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Saturday, September 12, 2015

How to Use My Box Van to Deliver for Money


Contact your local government to obtain the appropriate business license. The requirements vary from place to place, so it is important to determine what type of licensing you need to start your business.
Contact the Internal Revenue Service (IRS) and your state government to apply for a tax identification number. It will be used to report the earnings of your business and submit any taxes due.
Call the company that supplies insurance for your box van and let them know you plan to use the vehicle for business purposes. Chances are your current policy does not cover business use, so it is important to make sure you have the coverage you need.
Design and print business cards and start handing them out in the course of your daily activities. Networking is an important part of establishing a business, and some of the most valuable marketing is word-of-mouth. When you stop at your favorite store, ask the owner about his need for delivery services. Do the same at the dry cleaner, the grocery store and other businesses in town.
Contact businesses in your area to let them know you are available for local deliveries. Have a stack of colorful flyers made and hand those out with your business cards as you go from business to business. Offer a special discount for the first service to entice new customers to give your service a try.
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