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Hub You - How To Keep The IRS Off Your Back And Out Of Your Life In 2006
The “Number One” Question - the question that I (and probably every other Internet marketing expert on the planet) am most frequently asked: “How do I get to be Number One in the search engines for widgets? After all, my company is the world’s leading provider of widgets - it’s ridiculous that these other nobody companies are coming up in search engines ahead of us . . . ” My response is almost always along the lines of: “Forget that right now, and get a life!” OK, so I am a little more tactful than that - and I do occasionally encourage an in-depth search engine optimization strategy, but usually I’ll encourage clients to spend their website promotional budget in other ways. Here are the main reasons why I’m not generally enthusiastic about free search engines: 1. You have to be really careful in choosing keywords
APRIL:
Monday, April 17
Ah, yes, the most famous tax deadline of all.
Form 1040
http://www.irs.gov/pub/irs-pdf/f1040.pdf
And if you are a Sole Proprietor, don't forget that you must file several business-related tax forms with your Form 1040. The most commonly used tax forms for the self-employed person include:
Schedule C (to report your business income and expenses)
http://www.irs.gov/pub/irs-pdf/f1040sc.pdf
Schedule SE (for self-employment tax)
http://www.irs.gov/pub/irs-pdf/f1040sse.pdf
Form 4562 (to deduct equipment and other depreciable
property)
http://www.irs.gov/pub/irs-pdf/f4562.pdf
Form 8829 (to deduct a home office)
http://www.irs.gov/pub/irs-pdf/f8829.pdf
Need more time to prepare your personal tax return?
Go no further than Form 4868, which grants an automatic
no-questions-asked 4-month extension to file the return.
http://www.irs.gov/pub/irs-
Some savvy Sellers have found lucrative niches for themselves on eBay, selling products that are both profitable and in high demand by eBay buyers. These are niches where there is less competition and the products are popular and in demand, so the prices stay high enough to keep these Sellers among the highest-earning on eBay.There are many niches on eBay that just are not very profitable. The reason for this is there is too much competition in certain categories, and too many sellers are willing to take very little for their products. The collectibles industry is one of these categories – the competition online has driven prices down for several years. Still, there are some eBay Sellers who continue to eek out a living in these niches.The difference between making an excellent income selling on eBay and making a little money is in finding out what is s
Over the next four months there are several key dates that you dare not forget! Here they are -- all in one place, along with links to the IRS website PDF file for that particular form, where appropriate.
NOTE: This article only addresses federal tax deadlines. Be sure to contact your state's tax department for their due dates.
Also, the calendar is adjusted for Saturdays, Sundays and federal holidays, because if a due date falls on a Saturday, Sunday, or federal holiday, then the due date is moved to the next business day.
JANUARY:
Tuesday, Jan. 17
Personal
If you pay quarterly estimated income tax payments,
it's time to make the fourth-quarter payment for 2005
via Form 1040-ES.
http://www.irs.gov/pub/irs-pdf/f1040es.pdf
Business
If you have employees, you must make the federal payroll tax payment for December 2005 by today (assuming you are on the monthly deposit schedule).
You use Form 8109 (found in the little yellow coupon book) or the IRS Electronic Federal Tax Payment System (EFTPS).
Tuesday, Jan. 31
Business
4th quarter and year-end 2005 payroll tax returns are due by January 31, 2006.
Here's an overview of the 4 most common federal payroll-related forms due today:
1. Form W-2 (for your employees)
http://www.irs.gov/pub/irs-pdf/fw2.pdf
If you mail the W-2's, the postmark must be on or before January 31, 2006.
You may also be a recipient of a W-2 (if you work as an employee for someone else), so don't give your employer a hard time unless the W-2 is postmarked, or delivered in person, later than January 31.
2. Form 941 (for payroll tax)
http://www.irs.gov/pub/irs-pdf/f941.pdf
3. Form 940 (for unemployment tax)
http://www.irs.gov/pub/irs-pdf/f940.pdf
4. Form 1099-MISC
If you paid any independent contractors at least $600
in 2005, you must send each one a 1099 by January 31.
http://www.irs.gov/pub/irs-pdf/f1099msc.pdf
Tip: if the independent contractor is a corporation, you usually don't have to issue a 1099. The main purpose of the 1099 is to track payments to Sole Proprietors, i.e. unincorporated self-employed people.
FEBRUARY:
Wednesday, Feb. 15
If you have employees, you must make the federal payroll
tax payment for January 2006 by today (assuming you are
on the monthly deposit schedule).
Tuesday, February 28
If you prepared any W-2's or 1099's (mentioned above),
today is the deadline for sending a copy of those
forms to the IRS.
Form W-3 is sent to the Social Security Administration,
along with Copy A of any Forms W-2 you issued.
http://www.irs.gov/pub/irs-pdf/fw3.pdf
Form 1096 is sent to the IRS, along with Copy A of any
Forms 1099-MISC you issued.
http://www.irs.gov/pub/irs-pdf/f1096_04.pdf
MARCH:
Business
Wednesday, March 15
Today is a big day if your business is a corporation.
Form 1120 -- the annual corporate income tax return
for regular "C" corporations.
http://www.irs.gov/pub/irs-pdf/f1120.pdf
Form 1120S -- the annual corporate income tax return
for "S" corporations.
http://www.irs.gov/pub/irs-pdf/f1120s.pdf
Form 7004 -- if you can't file Form 1120 or 1120S
by today, here's a tip: just file Form 7004 by
March 15 and you are granted an automatic,
no-questions-asked 6-month extension of time
to file the return (i.e. until Sept. 15, 2006)
http://www.irs.gov/pub/irs-pdf/f7004.pdf
Form 2553 -- if you want your corporation to
be treated like an "S" corporation for the
first time, today is the deadline for telling
the IRS that you want to be an "S" corp beginning
with calendar year 2006.
http://www.irs.gov/pub/irs-pdf/f2553.pdf
Also, If you have employees, you must make the federal payroll tax payment for February 2006 by today (assuming you are on the monthly deposit schedule).
APRIL:
Monday, April 17
Ah, yes, the most famous tax deadline of all.
Form 1040
http://www.irs.gov/pub/irs-pdf/f1040.pdf
And if you are a Sole Proprietor, don't forget that you must file several business-related tax forms with your Form 1040. The most commonly used tax forms for the self-employed person include:
Schedule C (to report your business income and expenses)
http://www.irs.gov/pub/irs-pdf/f1040sc.pdf
Schedule SE (for self-employment tax)
http://www.irs.gov/pub/irs-pdf/f1040sse.pdf
Form 4562 (to deduct equipment and other depreciable
property)
http://www.irs.gov/pub/irs-pdf/f4562.pdf
Form 8829 (to deduct a home office)
http://www.irs.gov/pub/irs-pdf/f8829.pdf
Need more time to prepare your personal tax return?
Go no further than Form 4868, which grants an automatic
no-questions-asked 4-month extension to file the return.
http://www.irs.gov/pub/irs-p
There is really no stopping VOIP (voice over internet protocol) and internet telephony in general. This technology has rapidly and relentlessly spread its’ tentacles right across the net within a very short period of time and now stands as a clear threat to the old established phone companies around the world and the world of communications and telecommunications as we knew it. In the process VOIP has helped change web hosting in many ways.Mostly it has placed demands on web hosting that were previously just not there. VOIP requires a stable and extremely reliable link and excellent service from a web host to be able to work efficiently. The fact that the corporate world has quickly embraced VOIP, saving colossal fortunes in phone company bills and associated costs has meant that only the better web hosting enterprises have benefited from the windfall.With
Business
If you have employees, you must make the federal payroll tax payment for December 2005 by today (assuming you are on the monthly deposit schedule).
You use Form 8109 (found in the little yellow coupon book) or the IRS Electronic Federal Tax Payment System (EFTPS).
Tuesday, Jan. 31
Business
4th quarter and year-end 2005 payroll tax returns are due by January 31, 2006.
Here's an overview of the 4 most common federal payroll-related forms due today:
1. Form W-2 (for your employees)
http://www.irs.gov/pub/irs-pdf/fw2.pdf
If you mail the W-2's, the postmark must be on or before January 31, 2006.
You may also be a recipient of a W-2 (if you work as an employee for someone else), so don't give your employer a hard time unless the W-2 is postmarked, or delivered in person, later than January 31.
2. Form 941 (for payroll tax)
http://www.irs.gov/pub/irs-pdf/f941.pdf
3. Form 940 (for unemployment tax)
http://www.irs.gov/pub/irs-pdf/f940.pdf
4. Form 1099-MISC
If you paid any independent contractors at least $600
in 2005, you must send each one a 1099 by January 31.
http://www.irs.gov/pub/irs-pdf/f1099msc.pdf
Tip: if the independent contractor is a corporation, you usually don't have to issue a 1099. The main purpose of the 1099 is to track payments to Sole Proprietors, i.e. unincorporated self-employed people.
FEBRUARY:
Wednesday, Feb. 15
If you have employees, you must make the federal payroll
tax payment for January 2006 by today (assuming you are
on the monthly deposit schedule).
Tuesday, February 28
If you prepared any W-2's or 1099's (mentioned above),
today is the deadline for sending a copy of those
forms to the IRS.
Form W-3 is sent to the Social Security Administration,
along with Copy A of any Forms W-2 you issued.
http://www.irs.gov/pub/irs-pdf/fw3.pdf
Form 1096 is sent to the IRS, along with Copy A of any
Forms 1099-MISC you issued.
http://www.irs.gov/pub/irs-pdf/f1096_04.pdf
MARCH:
Business
Wednesday, March 15
Today is a big day if your business is a corporation.
Form 1120 -- the annual corporate income tax return
for regular "C" corporations.
http://www.irs.gov/pub/irs-pdf/f1120.pdf
Form 1120S -- the annual corporate income tax return
for "S" corporations.
http://www.irs.gov/pub/irs-pdf/f1120s.pdf
Form 7004 -- if you can't file Form 1120 or 1120S
by today, here's a tip: just file Form 7004 by
March 15 and you are granted an automatic,
no-questions-asked 6-month extension of time
to file the return (i.e. until Sept. 15, 2006)
http://www.irs.gov/pub/irs-pdf/f7004.pdf
Form 2553 -- if you want your corporation to
be treated like an "S" corporation for the
first time, today is the deadline for telling
the IRS that you want to be an "S" corp beginning
with calendar year 2006.
http://www.irs.gov/pub/irs-pdf/f2553.pdf
Also, If you have employees, you must make the federal payroll tax payment for February 2006 by today (assuming you are on the monthly deposit schedule).
APRIL:
Monday, April 17
Ah, yes, the most famous tax deadline of all.
Form 1040
http://www.irs.gov/pub/irs-pdf/f1040.pdf
And if you are a Sole Proprietor, don't forget that you must file several business-related tax forms with your Form 1040. The most commonly used tax forms for the self-employed person include:
Schedule C (to report your business income and expenses)
http://www.irs.gov/pub/irs-pdf/f1040sc.pdf
Schedule SE (for self-employment tax)
http://www.irs.gov/pub/irs-pdf/f1040sse.pdf
Form 4562 (to deduct equipment and other depreciable
property)
http://www.irs.gov/pub/irs-pdf/f4562.pdf
Form 8829 (to deduct a home office)
http://www.irs.gov/pub/irs-pdf/f8829.pdf
Need more time to prepare your personal tax return?
Go no further than Form 4868, which grants an automatic
no-questions-asked 4-month extension to file the return.
http://www.irs.gov/pub/irs-
There are several Internet affiliate programs that help you to increase your revenue by displaying advertisements of more than one company or merchant. Some of these programs set a maximum limit regarding the number of merchants your website can represent.When you are signing agreements directly with merchants, read the terms and conditions carefully before signing, as many companies do not allow you to represent their close competitors.Joining an Internet affiliate program implies that you have entered into a partnership with a merchant or set of merchants. You are the online sales or marketing representative for the merchants who want to promote their products or services, leading to an increase in their sales.There are broadly three types of Internet affiliate programs; pay per lead, pay per sale and pay per click. Some of the companies or network
4. Form 1099-MISC
If you paid any independent contractors at least $600
in 2005, you must send each one a 1099 by January 31.
http://www.irs.gov/pub/irs-pdf/f1099msc.pdf
Tip: if the independent contractor is a corporation, you usually don't have to issue a 1099. The main purpose of the 1099 is to track payments to Sole Proprietors, i.e. unincorporated self-employed people.
FEBRUARY:
Wednesday, Feb. 15
If you have employees, you must make the federal payroll
tax payment for January 2006 by today (assuming you are
on the monthly deposit schedule).
Tuesday, February 28
If you prepared any W-2's or 1099's (mentioned above),
today is the deadline for sending a copy of those
forms to the IRS.
Form W-3 is sent to the Social Security Administration,
along with Copy A of any Forms W-2 you issued.
http://www.irs.gov/pub/irs-pdf/fw3.pdf
Form 1096 is sent to the IRS, along with Copy A of any
Forms 1099-MISC you issued.
http://www.irs.gov/pub/irs-pdf/f1096_04.pdf
MARCH:
Business
Wednesday, March 15
Today is a big day if your business is a corporation.
Form 1120 -- the annual corporate income tax return
for regular "C" corporations.
http://www.irs.gov/pub/irs-pdf/f1120.pdf
Form 1120S -- the annual corporate income tax return
for "S" corporations.
http://www.irs.gov/pub/irs-pdf/f1120s.pdf
Form 7004 -- if you can't file Form 1120 or 1120S
by today, here's a tip: just file Form 7004 by
March 15 and you are granted an automatic,
no-questions-asked 6-month extension of time
to file the return (i.e. until Sept. 15, 2006)
http://www.irs.gov/pub/irs-pdf/f7004.pdf
Form 2553 -- if you want your corporation to
be treated like an "S" corporation for the
first time, today is the deadline for telling
the IRS that you want to be an "S" corp beginning
with calendar year 2006.
http://www.irs.gov/pub/irs-pdf/f2553.pdf
Also, If you have employees, you must make the federal payroll tax payment for February 2006 by today (assuming you are on the monthly deposit schedule).
APRIL:
Monday, April 17
Ah, yes, the most famous tax deadline of all.
Form 1040
http://www.irs.gov/pub/irs-pdf/f1040.pdf
And if you are a Sole Proprietor, don't forget that you must file several business-related tax forms with your Form 1040. The most commonly used tax forms for the self-employed person include:
Schedule C (to report your business income and expenses)
http://www.irs.gov/pub/irs-pdf/f1040sc.pdf
Schedule SE (for self-employment tax)
http://www.irs.gov/pub/irs-pdf/f1040sse.pdf
Form 4562 (to deduct equipment and other depreciable
property)
http://www.irs.gov/pub/irs-pdf/f4562.pdf
Form 8829 (to deduct a home office)
http://www.irs.gov/pub/irs-pdf/f8829.pdf
Need more time to prepare your personal tax return?
Go no further than Form 4868, which grants an automatic
no-questions-asked 4-month extension to file the return.
http://www.irs.gov/pub/irs-
Capital One secured credit cards have broken the mold when it comes to secured credit cards. Instead of ridiculous processing charges and annual fees, Capital One secured credit cards offer credit-bruised consumers with extremely reasonable interest rates and perks that other secured credit cards wouldn't ever think of offering.The Interest FactorYou'd think that because secured credit cards are backed by money you deposit into an account, the interest rates would be reasonable. Unfortunately, many of the companies that offer secured credit cards could care less how much money you have guaranteeing your account -- they still charge an arm and a leg for interest.Unlike many other secured credit cards, Capital One secured credit cards actually have very reasonable interest rates. Unlike many other secured credit cards, you won't pay a ridiculous intere
MARCH:
Business
Wednesday, March 15
Today is a big day if your business is a corporation.
Form 1120 -- the annual corporate income tax return
for regular "C" corporations.
http://www.irs.gov/pub/irs-pdf/f1120.pdf
Form 1120S -- the annual corporate income tax return
for "S" corporations.
http://www.irs.gov/pub/irs-pdf/f1120s.pdf
Form 7004 -- if you can't file Form 1120 or 1120S
by today, here's a tip: just file Form 7004 by
March 15 and you are granted an automatic,
no-questions-asked 6-month extension of time
to file the return (i.e. until Sept. 15, 2006)
http://www.irs.gov/pub/irs-pdf/f7004.pdf
Form 2553 -- if you want your corporation to
be treated like an "S" corporation for the
first time, today is the deadline for telling
the IRS that you want to be an "S" corp beginning
with calendar year 2006.
http://www.irs.gov/pub/irs-pdf/f2553.pdf
Also, If you have employees, you must make the federal payroll tax payment for February 2006 by today (assuming you are on the monthly deposit schedule).
APRIL:
Monday, April 17
Ah, yes, the most famous tax deadline of all.
Form 1040
http://www.irs.gov/pub/irs-pdf/f1040.pdf
And if you are a Sole Proprietor, don't forget that you must file several business-related tax forms with your Form 1040. The most commonly used tax forms for the self-employed person include:
Schedule C (to report your business income and expenses)
http://www.irs.gov/pub/irs-pdf/f1040sc.pdf
Schedule SE (for self-employment tax)
http://www.irs.gov/pub/irs-pdf/f1040sse.pdf
Form 4562 (to deduct equipment and other depreciable
property)
http://www.irs.gov/pub/irs-pdf/f4562.pdf
Form 8829 (to deduct a home office)
http://www.irs.gov/pub/irs-pdf/f8829.pdf
Need more time to prepare your personal tax return?
Go no further than Form 4868, which grants an automatic
no-questions-asked 4-month extension to file the return.
http://www.irs.gov/pub/irs-
Your navigation must be simple to follow, and no navigation visible to spiders should take them away from your webpage. You must also start working on getting some good links back to your website. Links work best if they are directed to specific pages on your site, and not to a ‘links’ page. However, not all links are good. All one way links are good, where you do not have to provide a reciprocal link back to the other party’s site, but these are getting increasingly more impossible to get.If your link is a reciprocal link, whereby you both provide a link to each other, the site with the lower Google page ranking gets the best deal. If you have a page rank of 5 and a site with the normal page rank of 0 to 3 asks you for a reciprocal link, they will get more benefit from it than you will. So, while you need links, get them intelligently. However, if you find n
APRIL:
Monday, April 17
Ah, yes, the most famous tax deadline of all.
Form 1040
http://www.irs.gov/pub/irs-pdf/f1040.pdf
And if you are a Sole Proprietor, don't forget that you must file several business-related tax forms with your Form 1040. The most commonly used tax forms for the self-employed person include:
Schedule C (to report your business income and expenses)
http://www.irs.gov/pub/irs-pdf/f1040sc.pdf
Schedule SE (for self-employment tax)
http://www.irs.gov/pub/irs-pdf/f1040sse.pdf
Form 4562 (to deduct equipment and other depreciable
property)
http://www.irs.gov/pub/irs-pdf/f4562.pdf
Form 8829 (to deduct a home office)
http://www.irs.gov/pub/irs-pdf/f8829.pdf
Need more time to prepare your personal tax return?
Go no further than Form 4868, which grants an automatic
no-questions-asked 4-month extension to file the return.
http://www.irs.gov/pub/irs-pdf/f4868.pdf
NOTE: this is only an extension of time to file the return, not an extension to pay any tax due. So if you think you might owe, it may be wise to estimate what you owe and send in a payment with Form 4868; otherwise you may have to pay extra in late payment penalties and interest.
Form 1065
If your business is a Partnership or Limited Liability
Company (LLC), today is also your lucky day to file the
annual business income tax return -- via Form 1065.
http://www.irs.gov/pub/irs-pdf/f1065.pdf
Form 8736
To get an automatic 3-month extension of time to file
Form 1065, file Form 8736 on or before April 17.
http://www.irs.gov/pub/irs-pdf/f8736.pdf
As if April 17 wasn't already painful enough, it's also the deadline for the first quarter estimated tax payment for Year 2006:
Personal -- Form 1040-ES.
http://www.irs.gov/pub/irs-pdf/f1040es.pdf
Corporate -- Form 1120-W
http://www.irs.gov/pub/irs-pdf/f1120w.pdf
And if you're an employer, yup, it's time for yet another monthly federal payroll tax deposit -- for March 2006.
MAY:
Monday, May 1
Form 941 is due for the 1st quarter 2006.
http://www.irs.gov/pub/irs-pdf/f941.pdf
Form 940 federal unemployment tax deposit is due today, if your first quarter liability exceeds $500.
Had enough? OK, OK. I'll stop here.
That should get you through the first four months of the year.
For more tax resources, here's a few more links:
Looking for a federal tax form?
http://www.irs.gov/formspubs/index.html
Looking for a state tax form?
http://taxes.yahoo.com/stateforms.html
http://www.taxadmin.org/fta/link/forms.html
IRS Website for Small Business & the Self-Employed
http://www.irs.gov/smallbiz
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