Mystery Shopper's Manual

  • Blog
  • About
    • Privacy/Disclosures
  • The Mystery Shopper’s Manual
  • Mystery Shopping Companies

Secret Shopper Tax Deductions

March 21, 2008 by Cathy Stucker

Do not rush through your tax return. Make sure you claim every legitimate deduction so you do not overpay your taxes. As an independent contractor, you can deduct the reasonable and necessary costs of doing business when calculating your mystery shopping profits. These deductions are taken on the Schedule C you file with your 1040.

Remember that if you do not use something exclusively for business, you may only deduct the business portion. For example, if you use your computer 40% for business and 60% for personal and family purposes, you may deduct 40% of the expenses related to the computer.

Here are some of the deductions you may be able to take, and what to do if you missed any deductions on a return you have already filed (even in a past year):Continue Reading

Estimated Income Tax Payment Reminder

January 10, 2008 by Cathy Stucker

If you pay quarterly estimated income taxes, remember that your fourth-quarter estimated tax payment (using form 1040-ES) for 2007 is due on January15, 2008. Need to know more? Read on . . .Continue Reading

Last-Minute Tax Deductions

December 28, 2007 by Cathy Stucker

The deadline for incurring expenses that can be deducted on your 2007 tax return is December 31, 2007. But before you rush out to buy that new computer, cell phone or other item that you think you have to have, consider if it is best to buy it now or wait for 2008. Here are some of the factors that should influence your decision.Continue Reading

Can I Deduct a Speeding Ticket?

September 18, 2007 by Cathy Stucker

In a recent post about saving money on gas, I wrote that you should avoid speeding to get better gas mileage, as well as to avoid the expense of speeding tickets. That prompted one reader to email me and ask (rather sheepishly) if she could deduct the cost of a speeding ticket on her income taxes. She was driving between shops at the time she got the speeding ticket, so would it be considered a business expense?

Continue Reading

« Custom Previous Page Link

Mystery Shopping Companies

Updated 4/20/18! Access my free curated list of more than 150 legitimate mystery shopping companies.

Scam Warning

If you received a check or money order with instructions to cash it and wire money to someone, DON'T DO IT! This is a scam.
Click here to learn more about
mystery shopper scams.

Get ‘The Mystery Shopper’s Manual’

NEW 7TH EDITION!

Get your personally autographed copy of The Mystery Shopper's Manual here.
mystery-shoppers-manual-3d

Connect with Cathy

Follow Me on FacebookFollow Me on Google+Follow Me on TwitterFollow Me on LinkedInFollow Me on YouTubeFollow Me on PinterestFollow Me on RSS

Recent Articles

  • Do Millionaires Mystery Shop?
  • Mystery Shopper Resolutions
  • Mystery Shopping for Mystery Shopper Pros
  • Keep the “Secret” in “Secret Shopper”
  • The McDonald’s Receipt Hack

Categories

Applying to Mystery Shopping Companies Customer Service Dealing with Mystery Shopping Companies Dealing with Shopping Emergencies Employees and Mystery Shopping Grammar and Spelling Green Mystery Shopping Hazards of Mystery Shopping Holiday Mystery Shopping How to Become a Mystery Shopper Identity Theft Independent Contractor Issues Industry News Make Money Online Memory Improvement Money and Mystery Shopping Mystery Shopper Certification Mystery Shopper Ethics Mystery Shopper Fun Mystery Shopper Jobs Mystery Shopper Scam Mystery Shopper Scheduling Companies Mystery Shopper Secrecy Mystery Shopper Taxes Mystery Shopper Tools Mystery Shopping Clients Mystery Shopping Company Mystery Shopping Pay Mystery Shopping Providers Association Mystery Shopping Recordkeeping Mystery Shopping Resources Online Security Opportunities for Mystery Shoppers Preparing for the Mystery Shop Profitable Mystery Shopping Secret Shopper How-To Secret Shopper Quick Tips Secret Shopping and the Law Secret Shopping Confidentiality Sticky Secret Shopper Situations Technology and Secret Shopping Types of Mystery Shops Video Mystery Shopping Working Online Writing Mystery Shopper Reports

Copyright © 2004 - 2023 · Cathy Stucker

Copyright © 2023 · Beautiful Pro Theme on Genesis Framework · WordPress · Log in