What is taxes: Definition and 117 Discussions

I know we as PC Consultants get a discount, do you know what it is? Also, how much did you pay to get your taxes done?? THANKS!!

I looked on last years taxes and saw I did Direct Sales and the code I used but it does not see to have the same choices this year. Or I am not seeing it anyway. I have to choose from a drop down list of names, I cannot just enter the code.

i know about the $39 a day per diem for when travelling out of town for a show, but i can't recall what happens when we are travelling for PC..for either conference..or NDA.. Do we get to do the per diem thing as well...Or do we get all food expenses, or 50% of it? anyone know?

OMG, it is the time of year!! :eek: I started doing my taxes through Tubro Tax, did it last year and I love it, so I figured I would do it again. My question is to everyone: Are ya'll filing taxes together; like personal and business? I am unsure of how to do it. I needed step in the right...

...don't mind me, just had to get that out of my system... 2 1/2 hours of my life gone today and I'm only about 1/2 done! I can only imagine the time if I didn't use Turbo Tax! :yuck::cry:

Someone asked me the other day if her organization will have to pay the taxes on a fundraiser?!?! Does anyone know the answer to this??

This was forwarded to me by my director :) Hope it is helpful to you as well. > KEEP MORE OF WHAT YOU MAKE > Portions based on conference call training with Vicky Collins, CPA Sponsored by the Direct Selling Women's Alliance > As the owner of a home-based business you are entitled to a...

I started PC at the end of Feb, so I haven't done taxes yet. I have a FT job and do PC on the side. My DH keeps asking me about taxes?? How many of you out there have to pay taxes at the end of the year on your PC. My Director says she pays nothing. My DH thinks that is weird.....and I just have...

Hi everyone! We have a small income and I just started doing PC. We don't owe any taxes on our income right now. This past year we got back 400 and that's without owing any taxes. We could go up at least another 10k or so before we'd have to pay any taxes. Will keeping track of my expenses help...

My 1099 states that I received 600 NCR-PC Dollars.... I am not sure what NCR means here, but I only received 550. I went through PP3 to see what I spent, and doubled checked at CC. It is only 550 both places!! Any idea what is lumped in with this? Of course I can call in the morning, but...

So...what do you put your expenses under? I mainly have #'s under: Advertising Car & Truck expenses Office Expense Supplies Meals & Entertainment I see a lot of lists for different categories, but not anything that actually corresponds to the Schedule C! I would appreciate any help...

For all of you who haven't done your taxes yet....... INCOME TAX PREPARATION RECEIPTS TO KEEP PLEASE KEEP ALL RECEIPTS FOR ITEMS SUCH AS THOSE LISTED BELOW – IT WILL HELP YOU AT INCOME TAX TIME For the House: You are allowed to claim a percentage of all household expenses...

Have you ever found things that you should have deducted? If you have what did you do?

I have a strange question. I have an ordered I entered in which the person only puchased pantry items. I know the pantry items are not taxed but It doesn't charge tax on the shipping portion of this order. Isn't the shipping supposed to be taxed? Is there something different I have to...

Good Morning, I have a question about my taxes. Last year I only made probably around $300 including Pampered Chef Dollars. Do I have to claim this on my income tax, and if so do I just use my commision statements? How do I claim the Pampered Chef Dollars. Any help would be...

Just wondering how many of you claim a home office for tax purposes? I chose not to last year because I had just started and wasn't sure if I was in compliance. I have a call into an accountant to get more information. Just wondering what most of you do. If you do claim a home office...

Okay - you may think I am really a ditz...but I'm doing taxes, and DH just asked me what I do about SS taxes - and I haven't been doing anything. I asked my director, and she has been doing PC for 12 years, and says she doesn't pay them either.....but now, DH has me worried, so I'm wondering...

Just got this from my ED... Tax Season is upon us and I want you to be prepared! How would you like to learn The Top 5 Overlooked Tax Strategies Even Savvy Direct Selling Leaders Miss? 1. Paying Your Children - You can, you should, you must AND you can afford it. 2. Home Office...

Hello, My husband has always done our taxes by hand and mailed them off. It's always been pretty easy because I don't pay state taxes because I'm in the military. Well this was my first year with PC and it's a bit complicated this year, so we were going to do them online. What's a good site...

I only started pc in nov and i am not sure what/how I need to do my taxes this year. We also bought our 1st house in 2007. I wanted to use turbo tax but not sure which plan anyone ever used it and if so any suggestions would be great. finally do they mail tax stuff to us or is it accessible...

I just got a cell phone back in May, it is w/ Sprint and when they announced that we were partnering w/ Sprint, I signed on for the employee discount. My question is..how do you write off your cell bill? Just the calls you made on it for PC, a portion of it, the whole thing or what? And do you...

Ok so I just started selling pc in Oct. :chef: We have been having our taxes done by H&R Block, but last year, we had my dad file it online with Turbo Tax online, because the hubby and I stink at doing our own taxes :) Now what form do I have to fill out....will I get a W-2 from PC or some...

I paid someone to do me and my husband's last year and it was the best $100 I ever spent! It was so great to hand over all the papers and not have to figure out a thing. I also went to someone who was recommended to me as "really good" so I think they were a lot better at maximizing my...

Just wondering who does their own taxes vs having an accountant? Just wondering since this is my first year with PC. Thanks,

Did you deduct the total or did you have to depreciate it? I have been reading up on it and I think I will have to depreciate if I am reading right. I need to download a different Publication for more information at this point. I do not think I want to go to the trouble of depreciating and...

Just a quick question... is it possible to file taxes using a tax program like turbo tax? Since DH will be away when we're ready to file, it would be much easier for us to do it this way. Since this is my first year selling PC, I'm not sure if we can file this way or not. Thanks in advance.

How much have you had to pay in taxes? I'm getting nervous with tax season coming up and I haven't saved anything yet for this?? Can anyone give me a ball park figure? I can imagine everyone is different...but anything would be helpful! I think I sold around $15,000 or so for the year. Any...

Hi all....did a search and didn't come up with anything so I thought I'd ask here. Do we have to pay tax over any incentives we earned? My new consultant was curious and I said I hadn't thought about it as I think my deductions will far outweigh my income but thought you guys could maybe shed...

I am going to texas in august. If I hold a show, or 2, can I write off the cost of my rental car, gas, and hotel?? Jessica

Hi...another question from a newbie. I had someone buy something last night and it needed to be shipped to her house in Florida. I did direct shipping but do I use the sales tax for the state the party is in (Connecticut) or the state it is being shipped to (Florida)? Thanks for the help!