Who must may self-employment tax? If you are self-employed, you will be responsible for self-employment tax. For the purpose of determining self-employment tax, you are self-employed if you are a sole proprietor, an independent contractor, a member of a partnership, or are otherwise in business for yourself. As a self-employed individual you will have a Schedule C to attach to your Form 1040, and self-employment tax is computed on Form 1040, Schedule SE. Individuals must pay self-employment tax is they have net earnings of $400 or more. They are several sources of net earnings that are used when figuring your self-employment tax liability. In most cases, net earnings include net profit from a farm or nonfarm business.
If you operate more than one business, your net earnings from self-employment are the combined net earnings from all your businesses. If you have a loss in one business, it reduces the income from another. Self-employment tax is the self-employed individual's contribution to social security and Medicare taxes. The only difference between the employee and the self-employed is the employee's social security and Medicare taxes are paid half by the employee and half by the employer. When an individual is self-employed, he/she is responsible for the entire amount.
There are alternative methods that can be used for figuring liability of self-employment tax. The Farm Optional Method and the NonFarm Optional Method may qualify an individual to claim a larger Earned Income Credit or Child Tax Credit. They may also, however, increase your self-employment tax liability.
The maximum amount of earnings subject to self-employment tax is currently $87,000.00 and when figuring your adjusted gross income on Form 1040, you may deduct up to one-half of your self-employment tax liability. If you are member of the ministry or clergy you may request an exemption from self-employment tax from the IRS.
In summary, if you are self-employed, have net earnings of $400 or more, and file a tax return, you will be subject to self-employment tax. To learn more about individual liabilities, exemptions, and alternative tax methods, please visit the online site for IRS Forms and Publications at www.IRS.gov . Topic 554, Publication 517 and 533 will provide more detailed and situation specific information.
Matt Bacak became "#1 Best Selling Author" in just a few short hours. Recent Entrepreneur Magazine’s e-Biz radio show host is turning Authors, Speakers, and Experts into Overnight Success Stories. Discover The Secrets To Unleash The Powerful Promoter In You! Sign up for Matt Bacak's Promoting Tips Ezine ($100 value) just visit his website at http://www.powerfulpromoter.com or http://promotingtips.com
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Marketing Your Home Based Businesses
Many people dream of working at home running a home-based online business, and many people take the step of starting a home-based online business. The problem is, home-based online businesses, like other businesses, don't always succeed. It takes effective online business marketing strategies and methods to make a home-based online business work.
The biggest obstacle home-based online businesses face is the vast number of online businesses to compete with. Large well-known businesses can afford top- of-the-line marketing and advertising, while most home-based online businesses are limited by a marketing budget. Home-based online businesses more often than not go unnoticed, but it doesn't have to be that way. Home-based online businesses must resort to different methods of marketing and advertising.There are effective ways of marketing a home-based online business that can make a home-based online business a financial success.
Effective online marketing doesn't necessarily mean expensive online marketing. There are effective methods of marketing a home-based online business that don't cost a small fortune, and these methods are available to home-based online business owners who have a strong desire to succeed.
One method of marketing a home-based online business is through free online newsletter publishing. Any home-based online business owner can publish a free online newsletter and gain a large database of subscribers and customers. It doesn't take special writing skills to write and publish an online newsletter. If a home-based business owner is knowledgeable in a subject related to their business, they can most definitely gain customers through publishing an online newsletter. Home-based business owners can publish online newsletters and add links to their business website and individual products or services. Marketing possibilities through an online newsletter are virtually limitless.
Another good method of marketing a home-based online business involves exchanging links with other home-based online businesses. There are websites that help home-based online businesses with marketing by finding appropriate link exchange partners. Home-based online businesses looking for effective marketing methods can benefit greatly by exchanging links with other home- based online businesses. Link exchange members gain increased online traffic, and this in turn can bring in more customers and a substantial increase in profits.
Gisela Santibanez
Article Source: http://EzineArticles.com/?expert=Gisela_Santibanez
Entrepreneur
An entrepreneur is a man who organizes and manages the business. The following are the responsibilities of an entrepreneur that what he has to do?
1. Planning
First of all an entrepreneur should be a good planner. His first duty is to do good planning. The main purpose of planning is to direct the intentions actually the need for planning is needed where there are so many ways n an entrepreneur has to select one right way this is what done by an entrepreneur, so the entrepreneur should be a good planner.
2. Organizing
An entrepreneur should be a good organizer the entrepreneur does the planning so the organization can achieve the specific targets. In an organization there are separate departments come into existence this is because one man or an entrepreneur cant do the work for all .in this way an entrepreneur divides the work.
3. Staffing
Third duty of an entrepreneur is staffing this is because that the burden is not gone onto one person. By staffing the work is done properly and there is no chance for the organization to be in loss so the entrepreneur has to staff the people so that an organization do the work properly.
4. Controlling
This includes direction, improving and training of employees. To achieve good controlling an entrepreneur should put in order the plans. Entrepreneur should have full control over its production its inventory and quality etc.
Except of all it an entrepreneur should be good communicator .he should convey message in clear, correct and complete so that everybody can understand it. He must be a good reader, writer and listener
So in the end an entrepreneur should be a rational and a good manager so that he can manage and organizes the organization the above-mentioned rules must be followed by the entrepreneur otherwise his organization will be in loss.
For more info visit The Cyber Bridge, Business IT Consultant.
Article Source: http://EzineArticles.com/?expert=Mathew_Bell
How To Make Traffic Exchanges Work For You
Website advertising drives more traffic to your site through ads and links you distribute all over the Internet. However, ads are a less active way of driving traffic to your site. Once you post an ad, it’s up to the particular ad to attract viewers and entice them enough so they would visit your site. If you think you still need to do something more, well, why don’t you participate in a traffic exchange?
A traffic exchange is a technique to drive more traffic to websites through traffic exchange programs. These programs or websites are websites that offer to increase the traffic in the sites of their members. The idea is to sign up with these programs. Once your site is listed as a member, you will then need to earn credits. These are gained by surfing through websites that belong to other members of the exchange. In exchange for your visit, you will be granted a credit. The more credits you earn, the more members of the traffic exchange will surf through your site.
The credits you can earn equates to a certain number of visits that are driven to your site. However, members of traffic exchange programs also have the option to upgrade to a higher-level membership, which increases their credit ratio. This increases the number of visits equivalent to each credit they earn.
In a nutshell, a traffic exchange is just like any simple exchange of benefits. Aside from exchanging traffic through the traffic exchange programs, however, members can also interact with other website owners in more ways. As a website owner, you will most likely come across sites that complement yours, as you surf and browse through other member sites. To get more benefits out of the traffic exchange program, you can contact the webmaster or owner of a website you’re interested in and can arrange to exchange links as well. These equates to plenty of benefits, given the small price you have to pay. All it takes is some time and effort. Some traffic exchange programs may charge some fees for additional features or extra credits. However, generally, traffic exchange programs are mostly free of charge and available to any website owner or webmaster who is not keen about leaving the dirty work up to static, unmoving ads and links.
Traffic exchange is an easy way to generate more traffic to your site. This is a more active way of pursuing traffic, since the number of visits to your site depends on the number of websites you also browse through. The initial benefit of traffic exchange program is so downright advantageous that this is more or less a foolproof and a truly effective way to drive traffic to your site. Since it also has some other bonus advantages, then, you’ve got even more reason to sign up for a traffic exchange program now. Don’t just leave your ads to do the job. Reach out and make sure that traffic gets to your site. Traffic exchange is the way to do it.
Increase your sales by increasing targeted traffic to your website. To learn more, go to Traffic Exchange now.
Article Source: http://EzineArticles.com/?expert=Alan_Lim
Income from Work as a Notary Public is Exempt from the Self-Employment Tax
The work of notaries public is in demand with all so many people buying or refinancing their homes. A notary must attest to many signatures in the closing of a purchase or refinancing of real estate. A notary public serves as a state official who is a bonded witness of a signature. In Florida and perhaps in other states, a notary public can also perform a marriage.
While the net income of a notary public is subject to federal income tax, it is not subject to self-employment tax. Section 1402(c)(1) of the Internal Revenue Code and Regulations Section 1.1402(c)-2(b) provide that the income of a notary public is not subject to self-employment tax.
If a notary public has another business as a self-employed individual, the notary public must pay self-employment tax on the net income from the other business. The notary public must keep a separate account of the income and expenses of each separate business.
A self-employed notary public reports the income and expenses from serving as a notary public on Schedule C of Form 1040. However, the net income from serving as a notary public does not go on Schedule SE because the net income from serving as a notary public is exempt from the self-employment tax.
If the taxpayer has erroneously paid self-employment tax on the net income from serving as a notary public in previous years, the taxpayer should consider filing an amended return on Form 1040X to claim a refund for all open years. In general, a taxpayer has two years from the time the taxpayer paid the tax or three years from the date the taxpayer filed the return, whichever is later, to claim a refund. Taxpayers should consult a competent tax professional before filing an amended return.
Alan D. Campbell is a CPA in Arkansas and Florida and is self-employed primarily as an author of tax publications. He earned a Ph.D. in accounting with an emphasis in taxation from the University of North Texas. He is also admitted to practice before the United States Tax Court. He has published numerous articles on tax topics in professional journals. He is the co-author of the book Tax Strategies for the Self-Employed and the revision editor of CCH Financial and Estate Planning Guide, 15th edition. For more tax savings strategies, please see his blog: http://taxsavingsstrategies.blogspot.com
Article Source: http://EzineArticles.com/?expert=Alan_D_Campbell
Nurture Your Home Business And Watch It Grow
I want to place a mental picture that will enable me to visualize and grow my home business into a valuable asset for my family and me. It is obvious to me that it will require the same nurturing and attention that I would give to my child, my pets, relationships and even that flower or tree in my back yard or garden. I determine their development by how well I nurture them. My ability to raise a child grew with experience. The same is true with cooking, gardening or any other new skills I have had to learn. We need to cultivate the ability to "take care of our home business".
Imagine purchasing a young tree and planting it, with hopes that it will grow into a sturdy mature tree with sizable branches, and a strong foundation. Given time, your young sapling will grow and bear wonderful fruit or yield beautiful flowers and foliage..if you followed the necessary care instructions on how to grow a healthy tree and you were patient, allowing it time to mature.
A new Home Business is much like that young tree. You began your Home Business with hopes that it too will grow into a valuable source of income with strong branches, such as new distributors and customers. It will need to develop a strong foundation and thriving roots to remain viable. Are you following the instructions on how to "grow" your Home Business and are you giving it the time necessary to mature and thrive.
Are you nurturing and exposing your business? That young tree would certainly perish if you neglected to water it, feed it and expose it to some sunlight. Imagine what would happen if you placed that little tree in to a closet with no "exposure" to sunlight and hoped that it would just magically thrive. It would surely wither and die.
Any successful business needs that exposure too. How can you merge your business with your daily lifestyle to give it exposure? Do you want your business to "bear fruit"? Consider that busy little bee eagerly traveling from blossom to blossom in search of nectar leaving a little pollen with each one. With any luck, he is enabling those plants to pollinate, bear fruit and duplicate.
How does any of this relate to my Home Business? I need to be just like that busy bee, spreading my scent samples and information about my candles, products and fundraisers with new people that I meet daily. I also need to leave a "little pollen" with each person and again with any luck, they will bear some type of "fruit" for my business and duplicate.
I believe that success is the product of our efforts. I have been told many times "If you treat your business like a hobby, you will make "hobby" money. If you treat it like a business, and you will make "business" money. So get your business out of the closet and spread your wings and Fly!!
Theresa Ernst is a wife, mother and entrepenuer. She has been involved with the Health and Direct Sales Industry for many years. Her passion is to help others gain knowledge on how to successfully create an income from home and obtain financial independence that withstands ever changing economies. To learn more about Theresa and her choice for successful home business opportunity visit: http://www.amiabellahome.com
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Secretarial Sevice & Typing Service-Start Up Checklist
Below are some of the tasks involved in starting a secretarial service and offering typing services from home.
• Determine what services you want to offer.
• Determine what kind of clients you want to target.
• Determine a space where you will set up your home office or select a business location.
• Purchase equipment and office supplies: computer, software, printer, desk, and computer chair, pens, paper, paper clips, and stapler.
• Choose a business name. Verify that the name is not used by someone else. Register your Fictitious Business Name (D.B.A.) if you will operate your business under a name other than your personal name. Check if the business name is available as a domain name (e.g. yourname.com) and register the domain name.
•Get a separate phone line. You don't want your kids to answer the phone when a client calls. If you plan on advertising in the Yellow Pages, you may need a business line.
•Create promotional materials and stationary: Design a logo; Design and print business cards; Design postcards or flyers; Design letterhead (print it from your computer); Design a fax cover sheet; Design invoices/sales receipts; Write sales letters; Design a web site or have one designed. Select a domain name and hosting company.
•Get an email address.
•Get a business license. (check with your city and state)
•Order Yellow Pages advertising and other advertising.
•Call everyone you know and introduce your business.
•Open a business bank account.
You will need to take additional steps if you'll have employees, a business partner, or will incorporate. Procedures vary from state to state. Check with your city and county to find out what legal requirements you'll have to comply with.
Refer to this checklist often when starting your business to check what steps you'll need to take next.
Looking for legitimate typing work at home? Get a free report on how to avoid typing scams at http://www.typing-and-data-entry-scams.com
Article Source: http://EzineArticles.com/?expert=Leva_Duell
Affiliate Home Business
A Review of the My Power Mall
How To Brand Your Business OffLine
Whether you are a business owner running most of your business offline or online it is important to brand your business offline to ensure that you reach the broadest possible market. In this article we will consider how you can brand your business offline and the tools you can use.
Business Card for Offline Business Branding The first tool you need to consider using for offline business branding is your business card. Your business card should include all the details of your company including your website address, email, physical address and telephone numbers as well as having a slogan describing your business, your business logo and other design elements that create the impression you want to create and tell people what your business is about.
Business Stationery Although most business communication today is being done by email and over the computer, you may still want to consider using branded business stationery for your offline business branding. These include letterheads, fax cover sheets, envelopes and any other stationery you use.
Fliers and Brochures Fliers and brochures are another way to brand your business offline and get your message out. Tell people more about what you have to offer, why they need it and how they can go about purchasing from you and then distribute these. You should also use colourful graphics to capture people's attention.
Car Decals Another way you can brand your business offline is using car decals. Think about how many people see your car everyday and if you have your business name and perhaps a short slogan or website address printed on the decal then think about how this is going to impact your branding. Ensure that not only your business name but also some contact details or a website address are printed on the car decal as well.
Offline business branding is important for any business, whether it is online or offline, and can include items such as business cards, business stationery, fliers, brochures and car decals.
Mitch Carson is an award-winning direct marketer, consultant, author and columnist who has consulted for the BEST of the BEST in marketing including, Legendary marketer Dan Kennedy, Jay Conrad Levinson author of "Guerilla Marketing", Joe Vitale, Ron LeGrand #1 How to Get Rich in Real Estate, Ted Thomas, Internet Marketing Guru Yanik Silver, Mark Victor Hansen, Co-author #1 Best Selling Series, "Chicken Soup for the Soul", and other marketing experts on advanced direct marketing techniques. He has had been written up in over 140 newspapers worldwide (including the Wall Street Journal, LA Times, Washington Post and more), over 600 radio stations, and has been featured in over 200 spots on QVC, Home Shopping Network, Fox News, and Reuters Worldwide. He can be reached at 818-280-0199, http://www.mitchcarson.com and http://www.impactproducts.net
Article Source: http://EzineArticles.com/?expert=Mitch_Carson
Thursday, September 25, 2008
Self Employement Tax
Posted by Tanya Manada at 1:48 PM 0 comments
Permits & Licensing
When starting a home business, you want to make sure that you have the proper permits and/or license. Just go to your local city hall to fill out the proper application and pay any applicable fees. So that you may receive you license or permit or both. Now it may take some time for you to obtain your licenses and permits, so just be patient and know that everything is working out for the good. I have listed a city hall for each state. So choose the one that is nearest to you. And I wish you all the best in your home business venture.
Posted by Tanya Manada at 1:26 PM 0 comments
Wednesday, September 24, 2008
Surveys
If you want to make some extra money completing surveys, there are a few steps you should take. First, you should have a separate email account that is just for your surveys. Second, you need to download a form fill software so that you do not need to waste time inputing the same infomation over and over again. The form filler will do the work for you. RoboForm is an excellent form filler. You can also go to download.com to find some alternate form fillers as well. I listed Verified Survey Programs. Feel free to join some or all.
Posted by Tanya Manada at 1:31 PM 0 comments
Needing A Helping Hand
Sometimes we may need some help to get our home business started. You may be wondering were can you find help to get you started. Well I have just the medicine you need to heal that illness. I have listed some government grants sites that are able to lend you a helping hand. Sometimes the process of applying for these loans may be long and tedious, but it is well worth it. So take your time and browse the websites to find just the right site for you and your particular need.
Posted by Tanya Manada at 12:45 PM 0 comments
Realities of Working At Home
Now there are going to be some times when you may not be able to put house keeping as a top priority. The dishes may pile up as well as the laundry. But fret not, the most effective way to combat this situation is to delegate the house work among the family members. And also you can incorporate the house work into your daily routine. You can block out 10-15 minutes every two hours just for house work. I find that it works great for me. You can get a lot done in fifteen minutes such as dish washing, or washing a load of clothes, dusting, sweeping, etc.
There are going to be days when you have to devote 12-14 hours per day to your home business, especially when you are first starting your business. Being a multi-tasker is a great way to get many things accomplished for your business, you just have to learn how to manage your time wisely.
Posted by Tanya Manada at 6:54 AM 0 comments
Marketing Resources
When operating a Home Based Business you need many forms of advertising methods, such as traffic exchanges, search engine submission, banner exchanges, word of mouth, flyers, ecards, postcards, and a list of potential customers. I have a list of my favorite Autosurf Traffic Exchanges that are sure to get your website the exposure it needs as well as potential customers. Stay tuned for more advertising resources.
Posted by Tanya Manada at 4:54 AM 0 comments
Tuesday, September 23, 2008
4 Free Work at Home Job Opportunities
Free work at home job opportunities are all over the net. You really just need to do some research and find which job opportunity best fits you personally.
Below are 4 free work at home job opportunities. Choose the one that best fits you.
1. Fill Out Forms
You will be filling out forms of various products and services on the Internet. This kind of work is called Data Entry. This job opportunity will let you make your own decisions. You will be working for yourself. No one will tell you what to do. If you have an access to the world wide web then this opportunity is perfect for you.
For this kind of work, you will be paid every 2 weeks. A check will be on the way on the 1st and on the 15th of every month.
2. Participate In Online Surveys:
Many companies who are online would rather pay people to participate in their market research and pay them at the same time rather then going out and wasting millions of dollars on research and development.
If you can devote about 1-3 hours per day, then this job opportunity is excellent for you.
3. Become a Writer
Many website owners don't know how to write a sells copy or even basic articles. If you can write well, then you can offer your services to them.
You can make anywhere between $30-$100 for this type of service.
There are a lot of people who are looking for writers so there is a large possibility that you will find these people and offer your service to them.
4. Online auctions
If you have some or a good amount of "junk" in your house then you can make money too. Just choose what you are willing to get rid of, and then go online and find a good auction site. A good one is eBay and you can list all your items up for auction. This is a good way to make money with things that you don't need anymore and aren't using.
If you are looking for other job opportunities then I am inviting you to visit a website like mine below where I have listed more then 10 work at home job opportunities for you.
Tal Fighel is the owner of The Work At Home Income Directory: http://www.work-at-home-income-directory.com/4-Free-Work-At-Home-Job-Opportunities.html - You can find more of Tal Fighel's articles here: http://www.work-at-home-income-directory.com
Article Source: http://EzineArticles.com/?expert=Tal_Fighel
Posted by Tanya Manada at 5:56 AM 0 comments
Working at Home Satisfies Your Needs For a Job Without Leaving Home
Working at home satisfies your needs for a job without leaving home. Getting out of bed in the morning thinking about going to work is time consuming. Not only getting the children out of the house and headed for school, your husband set on his way after making breakfast for the whole family. You are already tired before you get started.
What if you wanted to work on line?
Go into your office and turn the computer on and you have prime time to get your business at home started in record time. Work at home opportunities cater to the stay at home mom. If you are not sure where to start, pull Google up and check out the many business opportunities. She can do her household duties and still have time to get a job going on the internet.
Many stay at home moms are finding the work at home business on line fitting into their schedule. They have found that it is an outlet that lets them stay in tune with the outside world. Meeting new people on line is similar to working and meeting people especially with the telephone and skype contacts. Setting up a good bio lets people know more about you before you even make contact.
With the excitement that you can make money when the rest of the family is gone is dynamite for your ego. There are plenty of fortunes to be made or if you are not working at it full time enough money made to help with some of the bills. Gratitude for making your time valuable without leaving home leaves a great feeling in your heart. You are helping out and you can still be home to greet the children when they get off the bus. The benefits are many when you think about time saved and what you can still accomplish while helping out at home.
Posted by Tanya Manada at 5:53 AM 0 comments
Simple Ideas For a Home Based Business - Anyone Can Work From Home!
Are you searching for ideas for a home based business? With soaring gas prices and ever rising expenses, many people have chosen to work from home. There are many options when it comes to a home based business, whether you have experience or not. You can make money from home if you have the motivation and desire to succeed!
When looking for ideas for a home based business of your own, here are a few tricks that may help. Think of your interests, hobbies and passions. For example, if you love cooking and people rave about your creations, you may want to consider a home catering business.
What are some of your hobbies? Are you an avid video gamer? You can get paid to test video games. Do you have a digital camera and love photography? Submit digital photos to companies online for pay. These are just a few suggestions - think of your own special interests to see if it would work as a home business.
People look for ideas for a home based business in nearly every category you can think of. Home daycare, commercial or home cleaning business, home jewelry parties - these are all easy ways to make money from home.
Are you more interested in finding an online opportunity? There are plenty of those as well. Affiliate marketing is the most popular way to make money on the internet. Online surveys, freelance writing, blogging and data entry are other ideas for a home based business that might interest you.
If you have experience in a specialized field, this makes it even easier to work from home. Medical coding, secretarial work and bookkeeping from home are all popular ways to make a very good income. Even if you have no background in these fields, there are online guides and courses that teach you step by step what you need to know to succeed.
These are just a sampling of the different things you can do to make money. For dozens of other great ideas for a home based business, visit the links below!
Need more help with ideas for a home business so that you can tell your boss goodbye? We have many tips, ideas and resources for making money at home! Visit Simply Make Money from Home and sign up for our free newsletter.
Article Source: http://EzineArticles.com/?expert=Teresa_Tackett
Posted by Tanya Manada at 5:46 AM 0 comments
What To Expect From This Blog
It is such a comfort to be able to work from home. Working from home is what I do best. It takes hard work and perserverance to have an entrepreneurial spirit. Sometimes you have to take risks and be willing to step out of your comfort zone. So I have decided to make a directory of All the Home Based Businesses that I operated from the comfort of my home using a computer with internet access. I prefer FireFox 3.0. because I can have many browsers open at the same time. Telecommunications such as computer headsets and the versatality of the Bluetooth, a courteous attitude and Perserverance. And lets not forget you also have to have at least basic marketing skills. This blog will consist of Affiliate Programs, Online Community Networks, Marketing Resources and everything else inbetween. So brace yourself! And stop by often. Thanks
Posted by Tanya Manada at 4:42 AM 0 comments

