What is taxes: Definition and 117 Discussions

I am doing a booth and they want some form about the taxes and how we are covered or something like that I looked in downloads and can't find it any help at all please.

Just checking since it has been awhile since I have submitted a show...and you never know when things are going to change. Hosts still don't pay tax on the free products, right? Also, they only pay tax on the discounted price of the half price/host special items? THANKS!

I'm SO beyond frustrated right now! First, I had to suck it up and re-create my fundraiser show in P3 and now have to manually enter all of my online orders. HO never called me back and I've got a buttload of orders to enter and I can't wait any longer. Now, I'm realizing that P3 can't...

Two questions- I have done lots of booth events, but the one I am working tomorrow is a national level show (Southern Women's Show). Apparently, it can have visitors from all over, including other states sometimes. (1) My first and biggest question is pertaining to the sales tax. The...

I need to keep track of the reduced commission amount on a fund-raiser and claim it on taxes. She said it is a donation when you do not get your full commission. Has anyone else heard this?

I am a new consultant and doing my first fundraiser. It is for my mother's church. Do church groups and other tax exempt agencies pay sales tax? If not, what do I need to do to make sure the company does not charge them?

Turbo Tax Deluxe vs Turbo Tax Home and Business: What's the difference. I've asked both my Director and my Executive Director and they both say we just need the Deluxe. However, I've seen that people on here say they use the Home and Business. Help! Thanks :)

Hello everyone, This year I am getting a jump start on my taxes and keeping organized so 2012 isn't as big a pain as 2011 taxes were. My question is this. I went to lunch with my in laws. My mother in law had ordered something so at lunch she gave me the money for her order and I breifely...

I earned a few incentives last year I usually don't am I correct that I can claim them as business expenses if I use them for my business? I just want to know so that I can optimize my return this year..LOL.

Do you know if we enter a "Consultant Gift" as a payment type in P3, do we have to re-enter that as an expense in P3 too? They aren't showing up on my Expenses report.

I just need to say that maybe 2012 will finally be the year that I stay on top of keeping track of my expenses. I've been a consultant for almost 9 years, and every year I find myself scrambling to organize stuff so that we can get our taxes done. AUGHHH. When will I learn? Sigh....back...

Two years ago, my DH had gone through my P3 business expenses reports, and using the tax laws at the time, TurboTax, and the Schedule C form, he came up with this "cheat sheet" for me to help me categorize my business expenses. I prepare my reports, and then give him everything in the correct...

I just joined as a consultant in September, so this is my first year filing taxes. Is there anything I need to know, forms to print out etc? Will I get something in the mail? -Kelly

We have been on hold with the IRS forever! My husband files our taxes and has waited until TODAY to do them! Besides wanting to smack him :mad:, I'd like to know FOR 100% SURE that our taxes are not due until the 18th even though we file a schedule C. Can anyone help me??????? TIA! :confused:

Almost done entering all my info into P3 in preparation for filing my taxes. Got a question that I did not think of last year. I think I know the answer but want to doublecheck. Tried looking on CS but I don't think I am coming up with the right words. Any way...here it goes. When I am...

Not asking for specific tax advice, of course, but since this is my first year doing PC, figured one of you is in a similar situation and might know. Right now with my FT job, I take the standard deduction rather than itemizing because it works out better for my tax situation. However, now...

Anyone successfully use a home software like Turbo Tax to do their taxes? I am ashamed to admit that we have not filed for 2008 or 2009. I just discovered that I could pick up all my W-2 information from the IRS and now have everything together and am ready to tackle this again. I am a...

I work Full time and just started PC. I am a receipt keeper already by nature. The question I have is are you considered self employeed if you have a PC business. Also, is there a loss factor or something for 3 years to even be considered to have a business I thought I had read that years ago...

I earned my first trip when we did Disney and I was wondering for those of you who take trips regularly, do WE claim any deductions from it? I know we get taxed for it on our 1099's, but do we deduct milage for driving or hotel expenses or anything like that? It's not really a big deal but I...

I plan to make a profit on my business this year. Yes, I really do. I'm being very diligent about what I spend, not offering too many freebies and trying to boost my show schedule. This of course means that I anticipate actually having to pay taxes on a portion of what I make. I want to set...

Will we be getting some sort of tax slip with our commission to use when filing our taxes? Or do we just print off the commission statements from the website? This is my first time filing taxes since I've started PC... I haven't been that great at recording my expenses regularly :( For this...

Hello I am looking for information on filing our Taxes. I started with Pampered Chef in october 2009, and made less than $600, so do i still need to claim this on our federal return? We are military overseas, so customers don't pay sales tax. What do i need to do? thanks!

I've just added up my commissions, being that we didn't get the 1099's yet, & so far my "expenses" are already more than my commissions...& I haven't entered mileage yet! Is this going to cause any problems?:confused::confused:

I've never had to take my taxes to a CPA before now because they were dirt simple. With the deductions I don't feel so comfortable doing my own this year. When I take them to the CPA is it cheaper if you make photocopies of your receipts? I also rarely do paper checks (probably should...

Hi everyone, This is my first year, so the first time I will be doing business taxes. I have some questions. First off, how do most of you do your taxes? Through an accountant? H&R Block type business? Or do it yourself tax software like TurboTax? I have been using TurboTax for several years...

I just started selling PC this year, so I have no idea what to do about taxes. And I've never been good with what to do aroudn tax time. My dad is an accountant so I rely on him. It wasn't until last month that I realized I might need to pay some for taxes, so I've put some money aside for...

I'm trying to load my show from last night and it's not loading the shipping costs and taxes on the guests????

Okay so I am worried. Pampered Chef doesn't take taxes out our checks so we gonna have to pay that back at the end of the year. I am just scared that i will owe alot and I'm wondering if i should be putting aside money from each check. I am a college student who doesn't have much money and this...

Hmm, heard a quick news bite on this, they are integrating the taxes (PST & GST) - I wonder how that will affect things that are currently exempt from PST - books, spices, kids clothes... Maybe someone from a province that has an HST can give us some insight. I am sure that it will all get...

Hello, I'm wondering how you know if you need to pay quarterly taxes or not. We have more than we need taken out and get a large refund so that has been more than enough to cover what I owe for self-employment tax. Is that good enough if we're not owing anything to the IRS? How do you know...