Comments on: Additional Income: Is It Taxable?

By: ITS Guy

ITS Guy — Fri, 02 Sep 2011 15:16:32 +0000

If you are classed as Self-Employed you’ll need to register for NI purposes. You might be able to do this online nowadays, but I’m not sure.

By: Sara

Sara — Tue, 03 Aug 2010 15:04:10 +0000

The IRS, they’re always watching. I wonder how many young high school kids will actually get pursued by the IRS for babysitting. Highly unlikely, if you ask me, but then again the IRS never ceases to surprise me.

By: TraderBots

TraderBots — Mon, 19 Oct 2009 05:12:53 +0000

@kenyantykoon

Maybe I’m just fooling myself, so everything doesn’t look so grim. I see taxes as paying for stability. Paying for the fact that the money I earn will be there tomorrow. That I probably won’t be robbed, etc, etc.

Although with the government printing money like monopoly money, I’m starting to lose faith.

Also, what I hate is how Social Security and all that other stuff that’s taken out is really also a tax, but some people don’t consider it as such.

Argh. Argh. Breathe.

By: The Biz of Life

The Biz of Life — Sun, 18 Oct 2009 23:27:06 +0000

There’s no escaping them. They demand their cut of everything.

By: Lloyd

Lloyd — Sun, 18 Oct 2009 12:38:43 +0000

I recommend that everybody watch Aaron Russo America Freedom to Fascism. And when you finish watching it see if you can tell me and yourself why no one was willing to produce the law that says we are to pay income tax.

http://video.google.com/videop.....580235299#

http://video.google.com/videop.....867390173#

By: Clf

Clf — Fri, 16 Oct 2009 21:47:32 +0000

The best thing we ever did was pay the extra money for a good bookkeeper and a good CPA (chartered account)

By: Financial Samurai

Financial Samurai — Fri, 16 Oct 2009 21:34:11 +0000

Unfortunately, everything is taxable! There’s no escaping Uncle Sam.

That said, b/c of the huge cash transaction market, there is a large black/grey market where things happen. This is where you can get discounts.

By: John DeFlumeri Jr

John DeFlumeri Jr — Fri, 16 Oct 2009 16:30:55 +0000

Good advice to all those casual ebay sellers!

By: kenyantykoon

kenyantykoon — Fri, 16 Oct 2009 08:55:19 +0000

these people have thought of every way to extort money from the masses. i was thinking about them recently and i noticed that the IRS (these two words combined) becomes theirs!! IS this a strange coincidence or did they get the title after deciding what they were really there for?? i think its the latter