Thursday, May 14, 2009

When you owe the IRS a lot of money...

I just read a great piece on what to do when you owe the IRS a lot of money on Black Enterprise (click the pic to read the article) -- and they gave great advice.


Believe me, I'm blessing God for my husband and the IRS' lovely installment plan payout option this year, seeing as though we owe a lot since I made money online last year, and when you make money online through Google Adsense, Amazon Associates, Kontera, etc. -- they don't take out taxes, which is actually great, thinking of the time-value of money and all that.


Now I'm getting more organized and lining up to save more money so that we can break even next year and owe nothing. I pray.

Wednesday, May 6, 2009

Step by Step Blogger Instructions - Watch this video teaching how to create your own free blog...

I just found the below video detailing exactly how to create your own free blog on Blogger. It describes how to go to Blogger.com and get started posting. It took me back to that day in December 2005 when God showed me how to start my own free blogs -- now I've got more blogs than I know.


Anyway, it's been a lucrative journey, I must say. Even my 88-year-old father want to start this own blog, so I typed up some notes that I mailed to hin to go along with this quick teaching video:





Basically, to start your own free blog...


...I told my dad to take the first steps. Fill out all the information they ask of you and publish your first post.


Of course, some things are confusing and trial and error -- but you'll be amazed at how far you may go if you stick with it, plus if writing floats your boat and if you're passionate about it.


Don't get bogged down by what to name your blog or the template. You can always choose another design later -- and if you find another niche topic blog that you'd like to start, for example, elderly people who love computers, you can always start a new free blog that focuses on that topic.




Or, you don't need a topic at all


You can just name your blog your own name if you want, and if it's available.


Write about anything. But don't forget to be prepared for the world to see it. These Blogger blogs are indexed by Google -- and eventually, anyone could find it.


Blogging is so fun and rewarding.


Dive in.

Wednesday, December 3, 2008

Make Money on the Internet - Then Pay Taxes on the Money You Make on the Internet


Make Money on the Internet - Then Pay Taxes on the Money You Make on the Internet




If you make money on the Internet, or want to learn how to make money on the Internet, read these articles about making money on the Internet.


When you start making money on the Internet, track the money you make on the Internet at least every six or eight months so that you'll have a heads-up as to how much money you'll owe the IRS out of the funds you made online.


For example, now that I know I made $20,000 (minus $4,000 or so for advertising) this year, I can now save for the money to pay Uncle Sam his share.


Buy i touchLabels: Make Money on the Internet, Make Money Internet, Cash, Online,How to,Make Cash

Wednesday, May 28, 2008

Haven't Received Your Stimulus Check?

If you are still eagerly waiting for that IRS stimulus check to arrive in the mail, you aren't the only one. In fact, one of the most common phrases being Googled right now is "where is my stimulus check." Furthering this confusion is the fact that the government reportedly started sending out stimulus payments four days early. There are several possibilities why your stimulus check has not arrived yet, including the following.


  1. It Isn't Your Time Yet – Only people who opted for a direct deposit received their stimulus checks early. If you are expecting one by mail, it is possible that it simply hasn't been mailed according to the official schedule. If the last two digits of your Social Security number is higher than 18, you may not see the check until June or July, so sit tight.



  2. You Haven't Filed Your Taxes – Oops! Hopefully, you have filed your taxes on time. Given the fact that you are reading a tax blog, you probably don't forget that sort of thing. Keep in mind that if you have made the mistake of forgetting about your taxes, you have until October to file and still qualify for the stimulus check.


  3. You Filed Late – Again, you won't be disqualified for the stimulus payment if you file late. However, it will possibly delay your check, so don't rely on that payment schedule anymore.


  4. You Don't Qualify – Sadly, some people may be expecting stimulus payments that they simply don't qualify for. The IRS has laid out some very simple qualifications and the most important factor is that you filed a 2007 tax return.


  5. You Owe the Government Money – If you owe the government any money for things like taxes or back child support, this debt will likely be deducted from your stimulus payment. This, of course, means that you probably won't receive a check at all! A letter from the IRS will arrive to alert you of this, however, so don't expect to be left in the dark.




Still expecting a check and feeling a bit anxious? Well, you may be in luck, as the IRS has just instituted an official Stimulus Report Status checker. Simply fill in your Social Security number, your filing status and how many exemptions you had on your 2007 tax return. Mind you, your status will only be available if your check is expected to be cut within the next week or two. If your status is not available, simply call the phone number provided to find out more.




By-line:
This article is contributed by Heather Johnson, who regularly writes on the topic of small business finance. She invites your questions and writing job opportunities at her personal email address: heatherjohnson2323 at gmail dot com.