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Mystery Shopping is a Big Business

The Purpose of Mystery Shopping

How to Earn Money From Home as a Mystery Shopper

How to Find Legitimate Mystery Shopping Jobs

Popular Industries that Use Mystery Shoppers

Tax Deductions for Mystery Shoppers

How to Spot Mystery Shopping Scams

Mystery Shopping Frequently Asked Questions

Mystery Shopping & How to Present Yourself While On the Job

 

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Tax Deductions for Mystery Shoppers

If you are a mystery shopper, then you are considered to be self-employed and may therefore be eligible for a number of tax deductions. In being self-employed, anything that you use in relation to your business may be deductible providing that you save your receipts and can prove how the item(s) are beneficial and necessary for your career.

Mystery shoppers can either conduct evaluations in person, by phone or via the internet. As such, the gasoline for your automobile may be deductible when used in conjunction with travel for a mystery shopping job. In order to deduct the cost of gasoline, you must save your receipts. If some or all of your mystery shopping work is done via the internet and/or telephone, you may be able to deduct part or all of the cost of your computer, internet access and/or a telephone line if used for the purpose of mystery shopping activities.

As a mystery shopper, you will work at home on occasion or at least during the completion of your questionnaire. When you accept a mystery shopping job, you will be given a set of questions that are to be answered according to your experience with the company being evaluated. As such, the cost of office supplies, including paper, pens, office furniture and possibly even a fax machine may be deductible if used in the course of business.

If you work as a mystery shopper, being an independent contractor has many obvious perks. One thing that is missing from all work at home opportunities, however, is health benefits. Every self-employed individual is faced with having to search for their own health insurance policy. Unlike a traditional employer who often provides insurance packages as an employee incentive, self-employment requires that you handle matters relating to your own coverage. As such, the cost of health insurance may be tax deductible.

In addition, if you pay any type of fees relating to mystery shopping, including travel, memberships and/or subscriptions, these too may be tax deductible. Self-employed individuals, when required, must file Schedule C with the IRS to report all income from the operation of a business. In some cases, Schedule C-EZ may be filed if certain requirements are met. When tax time rolls around, be sure to have all receipts and/or expenses organized in an orderly fashion for fast and easy reference. If possible, keep all paperwork and financial information separate from your other income to allow for simple identification.

Being self-employed and/or enjoying the ability to earn money from home is the choice of many Americans. In addition to the emotional rewards and satisfaction, the financial benefits are unmistakable. Setting your own hours, working as much or as little as you want and having more control over your income are just a few of the benefits to being a mystery shopper.

The information provided in this article is designed to be used for reference purposes only. It should not be used as, in place of or in conjunction with professional legal, financial and/or tax advice relating to self-employment and/or tax deductions. For additional information relating to taxes, consult with a local tax professional or the IRS directly.

Mystery Aldi shopper finds how much supermarket really is cheaper than rivals for trolley of 33 'everyday' items

Aldi operates multiple stores across the city, including in Radford Road, Radford, Roseberry Avenue, Bell Green, Shultern Lane, Cannon Park and Hinckley Road in Walsgrave. And a secret shopper has found that it absolutely trounced its high street ...

Published:  Wed, 16 May 2018 04:36:00 GMT



Mystery Aldi shopper discovers how much cheaper budget supermarket actually is compared to Asda, Sainsbury's, Tesco and Waitrose

Lidl claimed it was the "fastest growing supermarket" over Christmas after booking a 16% leap in festive sales in December, although it did not give a breakdown of like-for-like sales. Fellow German chain Aldi also notched up a double-digit rise, helping ...

Published:  Tue, 15 May 2018 07:17:00 GMT



America's queen: Oprah steals show at royal wedding as she arrives with a mystery man and dances in her seat wearing Stella McCartney dress made with just 24 hours notice

Simply click below to start shopping... It was unclear if the man came with Oprah ... revealed King, She also siad that she had no idea who the mystery man with Oprah was and had never seen him before in her life. Once inside the church, Oprah spent ...

Published:  Sat, 19 May 2018 14:33:00 GMT



The Mystery of the $70 Hoodie That's All Over Facebook

The entrepreneur profits by charging a high markup, betting shoppers are unlikely to stumble upon the less-expensive goods on a marketplace site. AliExpress is the most popular such marketplace, but some entrepreneurs order from sellers on other ...

Published:  Sun, 20 May 2018 05:11:00 GMT



Blount County Sheriff's Office warns of 'mystery shopper' scam

The Blount County Sheriff's Office is warning residents of a "mystery shopper" scam targeting area residents. The scam consists of residents receiving an overnight package with a letter claiming the addressee has been selected as a Walmart mystery shopper ...

Published:  Sat, 19 May 2018 04:38:00 GMT



How This Entrepreneur Decoded 'Mystery Audits'

Founder Kapil Malhotra shares more on the journey of measuring and monitoring customer experience. What Got you Interested to Start a Mystery Shopping/Audit Solution Company When we started out we were essentially providing financial audit solutions and ...

Published:  Sat, 12 May 2018 06:00:00 GMT



Mystery Shopper Rates Insurers Online

MassMutual leads the pack on the online experience. A mystery life insurance shopper - call her Alice - bought term coverage for her family recently and was thoroughly stumped. Filling out her family's details in online forms in exchange for an ...

Published:  Wed, 09 May 2018 06:20:00 GMT



Secret shopper reveals how much cheaper Aldi is than rivals for basket of 33 everyday items

They found that while Aldi shoppers paid £33.14 for their basket of goods, the customers at nearest rival Asda paid £4.41 more at £37.55. The everyday items cost £33.14 at Aldi but £37.55 at Asda The Grocer, carries out a weekly mystery shopping ...

Published:  Mon, 14 May 2018 08:14:00 GMT



Mystery and intrigue in a resale jacket pocket

Sometimes, it was money. Yay! Gramma always let me keep it. Other times it was BreathSavers mints, earring backings, shopping lists in her neat hand - you know the usual bits of detritus that gets shoved in pockets without thinking. After Gramma died ...

Published:  Sun, 20 May 2018 05:33:00 GMT



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