Category Archives: taxes

Easily Export a Report from Amazon on How Much You Bought From Them

income taxes
Last month I wrote a post called Arizona Use Tax for Online Purchases pointing out that Arizona has included a line on the tax form for 2011 where we can easily pay our use tax.  Use tax is applied to purchases made out of state (online) for items which will be used or consumed in Arizona, but does not apply to most food items, prescription medicines or items for resale.  Learn more by reading Publication 610, Use Tax. If you… Read the rest

Arizona Use Tax for Online Purchases

income taxes
Some Arizona taxpayers may get a surprise while preparing taxes this year. A new line has been added to our income tax form which requires you to state the amount of your online purchases and you are expected to pay use tax for online purchases. Arizona has decided to get serious with enforcing a use tax which they state has been in effect for almost 60 years. The 2011 Arizona Resident Personal Income Tax Instruction Booklet informs us: Arizona's use… Read the rest

Business Expenses You Can Deduct as a Self-Proprietor

taxes
One of the best things about being a self-proprietor is you can deduct expenses incurred in running your business.  If you're a blogger and are making some money it is in your best interest to keep track of your income and expenses. One of my favorite books on this topic is written by June Walker, an accountant that specializes in tax solutions for entrepreneurs – “indies” she calls us.  The book is called , and I highly recommend it. If… Read the rest

I Only Made $600, Do I Have to Claim It?

income taxes
I think there is some confusion surrounding the magic number of $600. I hear people say, “Well, I only earned $500 from that company, so I don't have to claim it on my taxes.” Usually this person works a regular job, with a regular paycheck . Let's say they make $20,000 a year.  With that $500 they earned, they actually now made $20,500. The $600 comes in for the company – the company is not required to send you a… Read the rest