Tag Archives: Income

Take a Gamble on Yourself

Be Willing To Bank on Your Skills I once coached a candidate who was being interviewed by a start-up, not-for-profit organization. She received an offer of $85K, but she was already earning $105K. Based on what she’d heard in the interviewing process, she knew it probably wouldn’t be possible to negotiate a higher salary off […]

Chipping In

Today TaxMama hears from Lara in WI, who was wondering. “If I receive money from a family member for the food and utilities for she uses, is this considered rent?https://lightsailed.com/homeschool/wp-content/languages/new/homework-help-websites.html Do I have to claim this on my tax return?https://lightsailed.com/homeschool/wp-content/languages/new/essay-writing-help.html ”

Tips Topped

Today TaxMama hears from Lindsey in Fort Myers, FL who says “I work for an hourly wage and tips. I keep a careful daily log of my tips. At the end of the year, if my employer doesn’t feel that I have claimed enough on tips, and they want to insure that they’ve paid enough […]

eBay Cleans Out Closet

Today Melissa from Dallas, TX asks. “I sold a bunch of old stuff on eBay this year – an old trumpet, music and concert memorabilia, old clothes. Just cleaning out our closets, but I was amazed at how much we’ve made so far! Do we have to pay taxes on this income? I’ve heard different […]