Tracking Your Mileage For Business Purposes

automobiles
If you are a self-proprietor, and driving is part of your business, you have a choice to either deduct your mileage, or to deduct the portion of the cost of your vehicle expenses. From the IRS: To use the standard mileage rate, you must own or lease the car and: The car must not be used to transport persons or property for compensation or hire, for example as a taxi You must not operate five or more cars at the… Read the rest

We Should Shop Like This Even When We Aren’t Short on Money

budget
Ever since the financial crisis hit us, which I first mentioned in this post: Tough Times at the Accountability Household, things still haven't eased up. Mr. A's business is bringing in enough to cover business expenses, and pay some extra toward the business credit card, but not enough to take a draw for our household. This is quite frustrating for me, but there's not too much I can do about it. And to add more frustration, his cell phone is… Read the rest

Trying Out True Rest Float Spa – Your Own Personal Sensory Deprivation Tank Experience

True Confessions
A few months ago, I did something I consider to be quite unfrugal.  I do that every once in awhile and debate sharing my True Confessions here at the blog. So here's the scoop: I bought a Groupon coupon to a spa – the True Rest Float Spa to be exact.  The reason why I did it is because I don't feel like I get to relax a whole lot, in fact, most days I feel like the only time… 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