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insurance jobs

September 6th, 2008 admin Leave a comment Go to comments

insurance jobs
If I had insurance libility contractors would have to pay taxes on jobs.?

I do small paint jobs on the side of my enployment regular. In some jobs I do, they ask for proof of insurance. If you receive a package libility insurance contractors that the government expects me claim the painting small payment by check?

~ ~ Any and all income must be reported on your tax return, no matter how small the job or if they only do one side. No income earned should be reported. When you receive the liability insurance, then you can claim this as an expense on your tax return to do the job. Also remove any other expenses you have to pay on that income. This allows you to only pay the taxes on what you net work. ~

Farmers Claims Careers – Workers Compensation

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