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Even when income from mostly passive activities — like renting out your personal possessions — is classified as self-employment income, you can qualify for tax breaks that are likely to drastically cut Uncle Sam’s take. Specifically, self-employed individuals can deduct all the expenses required to earn this income before determining the taxable portion of the revenue. There’s also a special 20% deduction that further reduces the taxable portion of self-employment income, Luscombe says. But you should seek professional tax guidance to determine which rules affect which forms of your revenue. The U.S. tax code is complex and full of land mines.
At a jubilant White House ceremony, the president emphasized the need for the US to reckon with its history, even when that history is shameful.
Majority of respondents (70%) claimed that mobile phone is the device of choice for playing online games with gaming increasingly being seen as a source of income by both casual and professional gamers.
Sweatcoin, which gets 4.5 stars from 171.3k ratings, tracks your step count—and your location, FYI—and coverts your steps into “sweat coins” that you can spend on goods, services, and experiences. “I earned more than $100 in less than two months,” one reviewer wrote.
A backlash has already occurred in the protests against initiatives such as the 1619 Project and the manufactured outrage against critical race theory. In the eagerness to celebrate Juneteenth on a broader scale, we should not be surprised when others reveal how much they wish Black people would once again “know their place.”
The nuptials business is back in action. Here are 10 ways to cash in.
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