Topic : taxes

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Tips for Taxing Times

December 1, 1998  | Article

NAILS asked financial counselor Barbara Hargrove to review some commonly missed tax credits and deductions.

Keywords: taxes  

Salon Owners Question Government Study

November 1, 1997  | Article

A recent government study recommended that Title IV funding be cut for cosmetology and other proprietary schools because there was a “surplus of trained workers” in those fields.

Keywords: cosmetology schools   taxes  

A Hard Won Victory: Salon Owner Beats the IRS

October 1, 1997  | Article

It took five years and more than $100,000, but Nails Now! Owner Ira Bloom finally prevailed in his quest for the IRS to recognize his nail technicians as independent contractors.


Keywords: booth rental   Business   business tools   employee issues   independent contractors  

You're Being Audited! One Salon Owner's Harrowing IRS Journey

June 1, 1997  | Article

If the IRS asked to examine your salon's Federal Tax returns, would you survive the audit? Read on for an account of a salon owner who thought she was doing everything "by the book."

Keywords: booth rental   Business   finance   independent contractors   opening a new salon  

Who Pays for Licensing Fraud?

September 1, 1995  | Article

Crime may not pay, but beauty professionals do when people cheat at getting a license, or just work without one. What’s the cost? Increased licensing fees, more rigorous application processes, and a damaged reputation for the entire industry.

Keywords: crime   licensing   reciprocity   taxes   Wyoming  

Independent Contractors and the IRS

February 1, 1995  | Article

You’re playing with fire of you are trying to get away with classifying legitimate employees as independent contractors. If you are unclear on how to classify your workers, talk to an attorney – today.

Keywords: booth rental   booth rental vs employee debate   independent contractors   IRS   taxes  

Determine Your Own Fate with Financial Planning

November 15, 1994  | Article

Don’t leave your future to fate! To see what financial planning can mean to you, look at our real-life examples. In just one year, these salon professionals have reduced their debts, increased their income, and gained control over their financial future.

Keywords: budgeting   finance   salon finances   taxes  

The Independent Contractor Game

October 1, 1993  | Article

Be sure your salon is in compliance with the IRS’s rules; salon owners who’ve incorrectly classified workers as independent contractors can be liable for back taxes, penalties, and fines.

Keywords: client records   independent contractors   IRS   record-keeping   taxes  

Got the Uncle Sam Blues?

April 1, 1991  | Article

Better budgeting now will help you avoid the blues

Keywords: finance   money   money-savings ideas   salon finances   taxes  

Independent Contractor or Employee?

February 1, 1991  | Article

The first thing you should know about the difference between being an employee and being an independent contractor is that the choice may not be up to you. Stay on the right side of the law ... and the IRS.

Keywords: booth rental   independent contractors   IRS   taxes  

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