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Detailed text transcripts for TV channel - FOXNEWS - 20130331:17:53:00

Are claiming or based on the previous year you want to make sure that whatever income you are reporting you have backup records to prove that is what you earned and you didn t earn less or more. a mistake may be honest but the irs doesn t like them. double check every line before mailing your form. especially if you are are a do it yourself filer. and if you are self-employed. it is tempting to claim lots of meals and travel on your tax returns return but while schedule c allows for big time deductions it also historically is a source of big time overstatements. the irs watches these kind of items like a hawk. keep detailed records and receipts of who was there and why you were meeting. are doing taxes whether you are self-employed or not can definitely be tough, we know. as aaron of austin texas shows with this picture of his team leading up to april 15 tax despair he cries asking for a sim is manified tax code. many of us share your pane, ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130219:10:26:00

Look out. here s the thing statistics show individuals who are self-employed making between 100 and $200 are five times more likely to be audited than the average employee. merging business taking too many deductions as it rae lates to travel entertainment. schedule c you are taking massive losses there. that is bait for the irs. same thing home office deduction. you have to prove this is your primary place of business you use your home exclusively for a business. that raises a red flag. you have to measure the room. just because you have a computer set up in your living room doesn t mean you have a home office. mistakes happen. no doubt the isa are cash starved they need the money, but even though your chances of being audited are one percent higher for higher income individuals they are targeted ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120419:18:29:00

Thousands of schedule c, lower ranking individuals who are suppose to be part of the day to day oversight and particularly scrubbing the budget, making sure there isn t waste or fraud. so three years into this administration the question is are the wheels coming off because it hasn t been a priority of this administration? priorities have been on spending, the stimulus, and is that costing us that? you mention fast and furious. fast and furious is something that i think we have to deal with and deal with strongly because it was political appoint hes including the political appointees that were at the heart of this botched, failed, wrong-minded investigation. megyn: thank you for being here. all the best to you, sir. thank you. megyn: the case of the millionaire playboy found guilty ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120208:12:40:00

Utilities and your cell phone bill and that kind of a thing. rent bureau with experion and one called core logic. be about the business of doing your job, paying your bills on time and then you don t have to sweat the small stuff on this time. do a written budget. that will help you write your bills on time. you can receive manual underwriting on a home loan if you re making timely payments on your bills. jake from texas writes this. i m currently in a 30 year mortgage at a rate of 7.25. it hurts me to say. i ve been eager to refinance. however, i m self-employed. owning two businesses, i started three years ago. our income is climbing every year but i don t have enough of a track record for the bank. how can i fix this? well, you do have enough of a track record for a standard mortgage. a typical fannie mae or fha loan will take two years of tax returns when you get ready to do on your business, your schedule c will suffice when you get ready to do your underwriting for a typica ....

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Detailed text transcripts for TV channel - FOXNEWS - 20111015:11:28:00

Outside of the tax base. this would eliminate the social security and medicaid taxes that would provide another 15% in income for those low income individuals right off the bat. if you exempt grocery and a few other essentials you basically leave them neutral after that finally,the way you implement the value-added tax is you extract tonight schedule c of unincorporated business and on the corporate income tax return you don t have the problem with collection. we are not going to ring this up at the cash register the way we do the new york city sales tax. peter, we have to find out if this would in fact be revenue neutral. a lot of things to figure out when it comes to 999. peter and thomas thanks for being here this morning we appreciate it good debate. thank you. want to make thousands of dollars? it s as easy as running someone else s errands. how task rabbit is putting cash into americans pockets and how you can get in on it plus, want to earn extra respect in the office? ....

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