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Employment

pay taxes on side income

Do I Have to Pay Taxes on Side Income?

I come across many people who make money in ways other than a job with a paycheck. The subject often comes up whether on not they should pay taxes on side income. The IRS states you must file a 1040 if ANY self employment tax is owed, and since they …

Claim Exempt on Federal Income Taxes

When I look at my paycheck, especially when its a check where I worked a ton of overtime, I am always saddened by the federal income tax line.  I wouldn’t mind so much if I actually owed them the money, but at the end of the year I end up …

minimum wage

Will Increasing the Minimum Wage Hurt Workers?

I firmly believe in capitalism and that supply and demand dictate prices for all categories of an economy. Many years ago I worked at KFC, first as a drive thu worker, then as a cook. I worked there for three years total.  I started making $5.50 an hour and I …