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Paid Surveys, Income Taxes, and Self-Employment in 2019

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Paid Surveys, Income Taxes, and Self-Employment

If you regularly earn money at home, then you are self-employed. Simply put, self-employment entails being in business for yourself and enjoying all of the rewards that go along with it. If you consistently participate in paid surveys, the income may be taxable. Nobody loves tax time, but it's important to realize the many benefits of making money from home and one of those benefits may actually relate to taxes.

If you work at home and regularly participate in online surveys, you may be able to deduct the cost of your computer, internet access and other expenses directly related to your business. If your printer, fax machine or other office equipment is required for the operation of your business, then you may be able to deduct the cost and expenses related to each of these items as well. In addition, you may deduct your health insurance as it is a necessary expense that may otherwise be offered through a traditional employer. When you are self-employed, however, you are required to find your own insurance and seek coverage according to your needs.

For some, paid surveys account for occasional income and may only serve as extra spending money. For others, it may be the equivalent to a part-time or full-time job. There are many benefits to working at home, including choosing your own work hours, spending time with family, showing up at the office in your favorite pajamas and house slippers and taking breaks whenever you need them. Not to mention when vacation time rolls around, you won't have to ask the boss if you can have time off or schedule your recreational time to suit him/her. Instead, you will enjoy the freedom of coming and going as you please and working as much or as little as you like. Self-employment can be a wonderful adjustment for those who are tired of the typical 9 to 5 job.

Although tax time can be a little more difficult for self-employed individuals, the good news is that work at home businesses are entitled to the same deductions as large businesses. If you participate in paid surveys and pay a fee of any type, keep your receipts for expense deductions, along with your monthly internet bills and any other services that you purchase in conjunction with your business. Saving your receipts may be the difference between smooth sailing and a rough road to getting your tax forms completed.

Participating in online surveys may be a fun way to earn some extra money without having to come up with a large investment, product inventory or other costs commonly related to traditional business start-ups. If you find the right paid surveys opportunity and are able to find consistent work, your next paycheck may be just a click away.

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Paid Surveys In The News

Over Rs18bn paid to tribals for damaged properties

Survey for verification and validation of the damaged properties ... only 32,696 cases for compensation in South Waziristan and Rs7.95 billion has been paid to the households through cheques. In North ...

Published:  Sun, 19 May 2019 20:00:00 GMT

Girls usually paid less than boys for summer gigs: survey

A recent survey suggests Canadian girls and boys are about equally as likely to have summer jobs but young females on average earn roughly 30 per cent less than their male counterparts. The poll for ...

Published:  Wed, 15 May 2019 12:25:25 GMT

Here's How Americans Paid Their Tax Bills This Year

In fact, tax-prep company Jackson Hewitt recently conducted a survey with ResearchNow and found that nearly 36% of filers owed the IRS money this year. Unfortunately, a large number of those who ...

Published:  Sat, 18 May 2019 03:48:00 GMT

Survey: Fewer locals avoiding Las Vegas Strip due to parking fees

"Now I don't go there at all." While paid parking still receives hostility from some locals, a recent survey from the Las Vegas Global Economic Alliance shows Clark County residents may be growing ...

Published:  Fri, 17 May 2019 06:24:00 GMT

Trump's Rising Approval Won't Surprise Those Who Paid Attention

The Zogby survey explained that President Trump is "riding high on positive economic news - a record high stock market, low unemployment, and solid GDP growth at home," and pointed out that ...

Published:  Thu, 16 May 2019 09:30:00 GMT

How Paid Paternity Leave Can Help Close The Gender Pay Gap

A 2018 Society for Human Resource Management survey found that 92% of workers said that paid leave is important to their overall job satisfaction and 29% of employees said their overall benefits ...

Published:  Tue, 14 May 2019 12:17:00 GMT

Health Insurance, Paid Time Off and Student Loan Forgiveness Top List of Millennials' Desired Workplace Benefits: AICPA Survey

Nearly two-thirds of young adult job seekers have student loan debt, with an average of $33,332. Millennials with loan debt value more help with repayment over all other employee benefits. ...

Published:  Thu, 16 May 2019 04:06:00 GMT

MetroWest Nonprofit Releases Survey For Needs Assessment Project

The survey is available in three languages (English ... please visit www.foundationformetrowest.org/ImpactMetroWest. Featured Events are paid listings by users and receive priority placement ...

Published:  Sat, 18 May 2019 12:00:00 GMT

Access strong for Medicaid primary care, survey shows, but retirements raise worries

CHRT's survey of 756 physicians, conducted in November and December ... The Affordable Care Act mandated free annual physicals, but other doctor visits are generally are paid out of pocket until the ...

Published:  Tue, 14 May 2019 16:10:00 GMT

A Massive New Survey of 139,251 U.S. Workers Says These Companies Are the Best Places to Work in America

Employment engagement company Quantum Workplace conducted the survey on Inc.'s behalf ... good health benefits, paid sabbaticals (really!), offices that welcome pets, and stress-relief breaks built ...

Published:  Thu, 16 May 2019 06:19:00 GMT

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