Must be my day for finding interesting infographics. Below is an infographic about the 1099-K, an new IRS form for reporting certain income, like sales on eBay, Etsy and Amazon of over $20,000. IRS is hoping to collect taxes on rebates, class settlement payments, refunds and other sources of income that may be forgotten when tax time is here.
The IRS says the form will not be compared to returns, but hopes it will improve voluntary tax compliance.
I may fudge on deductions, but I claim every penny of income. I made up this rhyme to remember why: "inflate deductions, pay taxes and fine; under report income, serve federal time."
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Small businesses are common in many countries, depending on the economic system in operation. Typical examples include: convenience stores, other small shops (such as a bakery or delicatessen), hairdressers, tradesmen, lawyers, accountants, restaurants, guest houses, photographers, small-scale manufacturing, and online business, such as web design and programming, web development india
nice post ,,, succes with advertising , that is look very easy , but i have practice that and very difficult . hahahah i wil try again .
So good topic really i like any post talking about Business Ideas and Advices but i want to say thing to u Business not that only ... you can see in Business Mixed Economic Systems and more , you shall search in Google and Wikipedia about that .... thanks a gain ,,,
Interesting infographic. Thanks for sharing.
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