Відео

Is this still up to date for 2024?

How do you know how much it cost to start up a certain business ?

"I have been told not to be fooled, stocks and ETFs are not the economy. I had $180k put aside waiting for the Fed to stop raising rates. Now I’m ready to get back in the market, but it looks like the pause is forever and FAANG will still rise or fall. I’m confused, what could be the way moving forward?"

Just begin 1 year before and slowly stash it all away

Good vid

This is my first time dealing with a 1099 and I'm unsure where to begin. What steps should I take upon receiving my first check? Is a business account necessary? I would appreciate guidance. Do you have a video addressing this topic for first-time 1099 recipients? Also do I need to put the 1099 under my llc?

Message brought to you by a shorter

As a musician, I get gigs at different places. Some pay mileage and some don't. Do I report it all as mileage or do I have to separate the two?

500,000 people did NOT die from Covid. The death rate was about 1 to 2%. WHO and CDC redated their initial findings. The 500,000 included natural deaths, deaths from the common Flu, and initial incorrect treatments (Just about every one put on a respirator died). They stopped using them and the numbers normalized. The number of deaths to those persons with zero co-morbidities was nearly zero.

My aunt passed and I inherited some of her portfolio and cash savings, I’m 28 with about 400k cash in savings and as usual everybody’s preaching invest, so what stocks are a good long term buy, only major purchase I intend to make is buying a home in 5years from my returns

I work 60 hrs a week husband refuses to work even know we can take are child to the ymca for under 100 bucks a week wont clean up after himself or her he watches her while I work we can’t even afford bills my dad covers them right now we have no rent .he just lazy but the money he makes form his streaming goes straight to his wants

What if I have an outside tournament for college athletes that the prize money awarded to 1st place for a a basketball contest , can they accept the money

Can international student athletes makes NIL ?

Tickets

Prepaid2cash works

Honor the person the Inheritance came from.

Dogs. I’d buy dogs. Lots and lots of dogs! 🐶

Can I choose to do standard mileage deduction for my transportation and do itemized deduction for other things like membership fees, accountant fees, phone bill, etc?

So true. My friend already owes me $1300 and I’ve given up on getting it back. In the back of my head, I’ve thought about how much that $1300 would’ve grown into in the stock market, kinda resented him for it😅 And now, he asked for another $1000😅 Nope.

Great video Ted and you answered one of my questions but I have another. I am a 1099 independent contract driver who has a contract with an automotive dealership delivering automotive parts to their clients who order them. So it is 23 miles from my home office to their location which you said is a write off, that's grate. But, what about my return trip home? I do 3 delivery run's a day. one at 8:00 AM one at 11:00 AM and one at 2:00 PM and then I go home after making my last stop. So are those miles from my last stop to home personal or business? I hope you answer this for me so that I can update my excel mileage spreadsheet.

Do I need to do all this to sell my crochet items? It’s just a hobby right now but having the name I picked exclusively for MY business is very important. I just want to sell at art and craft fairs and have a website to show my items and have a link to Etsy. Do I have to do all that legal stuff too? Please help.

Hello, I work for carnival cruise lines as a virtual call center I work as a 1099 contractor. I answer the calls when people call to carnival cruise to change the ship, or if they need to do a group cruise I link them together so that the workers on the ship know they will All be together. I mean if you can imagine calling carnival for anything for your booked cruise that my department. I also took a cruise earlier in 2023 with my cousin. These trips have allowed me to provide customer service better to Client because now I’ve been on a group cruise which I had never done before. Can I write off these cruise for around $5-6k or do you think the irs would approve something like this?

Card cash doesn’t even work

Being the unluckiest is not just the money. Ill tell you. Millennials still the unluckiest generation because of the suffering events that happened.

If you don’t have proof of your mileage, is this an issue? I have an estimated amount

When they says starting in 2024, does that mean I can use 2023 tax year money to fund the roth being that it is now 2024?

Awesome advice as always! Looking good, Ted!!!

This sucked 😢 didn't match the heading at all .

How much should you be getting paid as a 1099?

So, question 🙋‍♂️. If I register an LLC under a business name, would I then also need to register the business name itself? What benefit does that bring? That’s like double registration, right? How long does registering your business name, protect your business name idea? (I.e. if registered, does this protect my business name I choose for a certain amount of time while I get the domain ready + everything else ready to deploy in the business?”).

Hey everyone, I recently received my inheritance, and I'm trying to figure out the best way to invest it. Any suggestions?

They ask for a tip because they can. Its nothing to do with service. They know that people will pay and probably come back, no downside for businesses.

This was absoluteky helpful. This is crazy you dont have more people watching this video. Thanks!

I live in Texas but my business would be online only ( consulting business ). Would I still only need to register my name in my state or does it have to be registered in every state? Thanks!

I just come a cross your video and I have a question. I work for a company as 1099 self employee and I use my truck 100% for work I don’t have a home office and the question is I have to track the miles going back and forth or just the one going to the job location???

agreed

I am watching this video because one of my folks (my mom) outlived her husband & then created a trust fund for me and further intends that I shld inherit her home or her entire estate bank account, car, the works. I am very thankful that everything is paid off & she said (because there are so many bills associated with her home she lives within the Tampa Bay Golf & Country Club) that those bills are automatically paid for by the trust fund and there's also a small fortune in cash that she's leaving to me as well. is there anything I need to know as the time for her is unfortunately short & I'm trying to get my act together before I take control of her home. thanks so much in Advance. -Ron

Sports equipment. Places like Play it Sports

New cars are ok if you are keeping them for over 10 years , don't sell a new car, it's that easy

I love the fact that you take time to explain what each process means, especially for people like me that is new to the American system.

Everything you said is true.

I read that the quarterback from Washington State was offered 1 MILLION !

No?@!!@???😅

I don’t split anything with my roommates. We all have our own pantry area and buy our own groceries. You never know what can happen.

Does putting money in a Roth IRA count?

i would not call the 5yr lump sum of the gift tax a 'catchup' as it is really using the NEXT 5 years gift tax amounts

I'm putting Mary j in the treats 😉

I lost 200k my house everything

Hi Ted, is it true that the child must have earned income and only as much as child's earned income can be moved from 529 to Roth IRA account of the child? Thank You

commute miles aren't deductible. don't know where you are getting your information... the IRS will even say these miles aren't deductible... need to be available for a ride aka logged in. any "online time" is deductible, if you are not on line, you are not working or running a "business' its personal