Richard Streitfeld – Buddhist Mensch

Bewitched by Medical Deductions

  Q: I am paying my mom’s substantial medical bills but she collects a pension and lives independently. Can I get any relief through my tax return? –Samantha Stephens A: Believe it or not — YES, under some circumstance. You CANNOT take Granny as a dependent, the way you canTabitha. Her $18,000 yearly income from
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Richard Streitfeld – Buddhist Mensch

YEAR-END TIDBITS

Q: You’ve been preparing taxes for 98,172 years. What kind of mistakes do you see year after year? – Mel Brookstein, the 1000 year old man A: Here’s one! Self-employed or taxpayers with substantial investments often do not keep accurate track of their estimated tax payments. The IRS and States do keep track, so you
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Registering for Sales Tax–
a Multi-State Guide for Artists and Others

Sales tax is not fun.  No kind of tax is fun, but sales tax can be particularly daunting, and it is also considered “low hanging fruit” by many state jurisdictions.  Add to that the challenge of filing in multiple states if you are a working artist who participates regularly at shows around the country and
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Business Basics for Startups

The enclosed slides are from a webinar Rich Streitfeld delivered for Social Enterprise Greenhouse on May 6, 2015. In it he outlines some of the issues to consider when starting out on your own. We thought it would be useful to share.  

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