The Daily Deduction

Weekly Tax Inventory - 08/09/2013

 estblog - 2/15 Tax Inventory 

IRS Releases Draft Form 8960 For Computing New 3.8% Tax On Net Investment Income – Forbes

America’s long national nightmare is finally over: the IRS has released the draft form — Form 8960, to be exact — to be used to compute the new 3.8% tax on net investment income that was created as part of The Patient Protection and Affordable Care Act/Obamacare.

McDonalds’ suggested budget for employees shows just how impossible it is to get by on minimum wage – deathandtaxes

McDonald’s has partnered with Visa to make a website dedicated to showing its employees how to properly budget their meager peasant salaries. However, what it actually does is illustrate the fact that it is nearly impossible to get by on minimum wage…

How Much Do You Owe The IRS For That AIRBNB Room? - FastCompany

As the sharing economy way of life becomes more mainstream, more people are making primary or secondary incomes by renting their rooms on Airbnb, crowdfunding on Kickstarter, offering a ride through Lyft, or picking up an odd-job on TaskRabbit. But the issue of how to report income remains unclear for many sharing economy workers.

Snowden Finds New Home, Fields Job Offers - But Will He Pay His Taxes? – TaxGirl

For the 64,000, er, ruble question: will the U.S. ever see a penny of that income?

Jeff Bezos Bought The Washington Post For Four Times Its Worth – BusinessInsider

The multibillionaire founder of online retailer Amazon.com Inc may have paid more than four times the price that the financial results of the Washington Post suggests it is worth.

Posted To: The Daily Deduction By: Lauryn on 8/9/2013 01:50:00 AM
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