Tax Time is Coming in Less Than Two Weeks!

I am not a tax accountant, but I know a few things about deductions and self employment taxes.

Keep good accounting of all your business tax deductions on a month by month basis and it could make it easier for you over the year end.

Many tax preparers don't know that a Notary Public is exempt from Self Employment Taxes (i.e.Social Security Taxes) for the  ACK & Jurats we notarize.  In CA this is a significant amount of money and could  very worth while keeping track of it at $10 per.

Here is the tax code that you can show your accountant which shows the tax info for notaries.

www.irs.gov/pub/IRS-pdf/p17.pdf 

scroll to page 88 in the publication and look for notary.

 http://www.joanbergstromnotarypublic.com

 

2 Comments on Tax Time is Coming in Less Than Two Weeks!

Thanks for the link to the IRS publication.  8 more days, can you believe it.  This year just started.

04/08/2008 02:15 AM by Find a Notary Public | needAnotary (QEC Internet Services)


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Notary: Joan Bergstrom Riverside CA Mobile Notary (Joan Bergstrom Mobile Notary)
Joan Bergstrom Riverside CA Mobile Notary
Riverside, CA
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Joan Bergstrom Mobile Notary

Office Phone: (951) 522-4919
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