In Feburary 2016 15,
A 1099-INT form summarizes the interest income you've received during the year. Interest income is the amount of money you receive on earnings from savings accounts, bonds and certain treasury accounts. The interest you earn on certain types of savings accounts is taxable, just like earned income from a job. The banks where you hold your accounts send these forms at tax time, usually before February 1.
Sections
The 1099-INT form shows basic information about you as the account holder, including name, address, and account number. In addition to the interest income earned for the year, it also shows any early withdrawal penalty and federal income tax paid on the earnings. If any of the interest earnings were tax-exempt, meaning that you weren't required to pay tax on the amount, that figure is also printed on the 1099-INT form.
1099-INT from the State
In some cases, the state may send a 1099-INT form to a taxpayer to account for interest earned on tax refund payments due. For instance, if the taxpayer overpaid his obligation for the year, the state revenue office may pay him interest for the time the office held onto the extra funds. The same is sometimes true for localities -- towns and cities.
Other Considerations
It is possible to receive more than one 1099-INT form in one year. For instance, if you have more than one bank savings account earning interest, you receive a form for each of those accounts. If you do not receive all of your 1099-INT forms by February 1, you can sometimes log into your bank accounts to retrieve the forms online. It is common for banks to provide printable 1099-INT forms for retrieval over the Internet.
In Feburary 2016 15,
Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts
Monday, 15 February 2016
Friday, 12 February 2016
How to Have a Successful Cheer Dance Competition for 6In Feburary 2016 12,
In Feburary 2016 12,
Plan ahead in advance at least four months to give yourself sufficient time to organize the junior cheer dance competition.
Create a website for the store front of your cheer dance club. Advertise the competition on the website to reach a wide public audience.
Recruit other staff members or parents to join you on a panel of event organizers so that you can share the workload and delegate responsibilities. Assign specific duties to panel members such as marketing, publicity, competition program, competition entries, sponsorship and staffing.
Decide on the goals of the event and whether you want it to be just a competition or also a fund-raiser for the cheer dance club. Decide whether you want the competition to be local, national or international and plan the marketing accordingly. Note that you must apply for nonprofit status from the Internal Revenue Service (IRS) to declare money raised and to gain tax exemption.
Schedule a suitable date in your diary for the competition such as a weekend or during a school vacation in spring or summer to increase your chances of hosting a successful competition. Holding a competition during months of inclement weather can result in low audience participation.
Find a venue such as a school gym, large community center or a public sports stadium. Try to find premises free of charge or those offering a discounted rate in return for good publicity. Book the venue once a deal has been reached.
Seek sponsorship from companies who would be prepared to donate the trophy and cash prizes in return for free advertising and raising their public profile. Seek financial aid also from funding bodies who support sports competitions.
Invite a local or national celebrity, as well as professional cheer dance coaches and competition judges accredited by the National Cheerleading Association to be on the panel of judges to raise the publicity of the event, to help draw in a full audience and to ensure the success of the cheer dance competition.
Plan how you are going to handle competition entries. Create a paper entry form or an online form (or both) to be filled in before the competition to be able to assess how many children and dance squads will be participating. Indicate a deadline for entries to avoid a last minute rush in entries or unpredictable numbers turning up on the day of the event.
Circulate posters in your local shopping mall, schools, other cheer dance clubs or schools and at the venue hosting your event. Place an ad in local, national or international newspapers and magazines. Contact your local and national radio and television stations to broadcast the news about the cheerleading competition for six-year-olds.
Plan a schedule of cheer dance competition heats and any fund-raising events that can take part during the day.
Recruit volunteers to staff the event, making sure that some members know first aid in case a child falls ill or has an injury.
Raise funds by charging competition entry fees, selling competition merchandise such as T-shirts, sweaters and gym skirts. Sell refreshments to hydrate competitors and audience members.
In Feburary 2016 12,
Plan ahead in advance at least four months to give yourself sufficient time to organize the junior cheer dance competition.
Create a website for the store front of your cheer dance club. Advertise the competition on the website to reach a wide public audience.
Recruit other staff members or parents to join you on a panel of event organizers so that you can share the workload and delegate responsibilities. Assign specific duties to panel members such as marketing, publicity, competition program, competition entries, sponsorship and staffing.
Decide on the goals of the event and whether you want it to be just a competition or also a fund-raiser for the cheer dance club. Decide whether you want the competition to be local, national or international and plan the marketing accordingly. Note that you must apply for nonprofit status from the Internal Revenue Service (IRS) to declare money raised and to gain tax exemption.
Schedule a suitable date in your diary for the competition such as a weekend or during a school vacation in spring or summer to increase your chances of hosting a successful competition. Holding a competition during months of inclement weather can result in low audience participation.
Find a venue such as a school gym, large community center or a public sports stadium. Try to find premises free of charge or those offering a discounted rate in return for good publicity. Book the venue once a deal has been reached.
Seek sponsorship from companies who would be prepared to donate the trophy and cash prizes in return for free advertising and raising their public profile. Seek financial aid also from funding bodies who support sports competitions.
Invite a local or national celebrity, as well as professional cheer dance coaches and competition judges accredited by the National Cheerleading Association to be on the panel of judges to raise the publicity of the event, to help draw in a full audience and to ensure the success of the cheer dance competition.
Plan how you are going to handle competition entries. Create a paper entry form or an online form (or both) to be filled in before the competition to be able to assess how many children and dance squads will be participating. Indicate a deadline for entries to avoid a last minute rush in entries or unpredictable numbers turning up on the day of the event.
Circulate posters in your local shopping mall, schools, other cheer dance clubs or schools and at the venue hosting your event. Place an ad in local, national or international newspapers and magazines. Contact your local and national radio and television stations to broadcast the news about the cheerleading competition for six-year-olds.
Plan a schedule of cheer dance competition heats and any fund-raising events that can take part during the day.
Recruit volunteers to staff the event, making sure that some members know first aid in case a child falls ill or has an injury.
Raise funds by charging competition entry fees, selling competition merchandise such as T-shirts, sweaters and gym skirts. Sell refreshments to hydrate competitors and audience members.
In Feburary 2016 12,
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