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Author: GreedyJoe2 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: Part-time sales job Date: 3/14/2001 10:13 AM
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I am about to start working part-time selling Tri-Star vacuums. My question is concerning my record keeping for my new venture.
1st of all the job is on a commision base, which I make money only if I sell.
2nd they give away bonuses & prizes for incentives.
3rd it's not a door to

I'm very excited about my part-time job to be, but I've never had a sales job before.
What do I keep track of?
Do I keep track of the mileage or the gas I put in my car?
Can I also keep track of food I eat while on the road?
I heard from someone that I can also deduct the mileage from one job to the other, is that so?

And the job does not have a set schedule, I make my own schedule, so how do I determine miles from one job to the other?
Is there an IRS pub. which is recommended for this situation?

Thanks in Advance................
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Author: RiverCityFool Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 48402 of 121219
Subject: Re: Part-time sales job Date: 3/14/2001 2:07 PM
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Tri-Star doesn't give you any guidance on this?

How will you be paid? Are you an employee or an independent contractor?

Do keep track of mileage -- get a log. Will you go to an office? Will you have a home office? Makes a difference. I have no office; when I use my car for business I record my mileage from my first business stop to my last business stop.

Meal expenses are deductible only if your trip is overnight or long enough that you need to stop for sleep or rest to properly perform your duties.

Check out the IRS website -- especially

Starting a Business and Keeping Records
http://www.irs.gov/forms_pubs/pubs/p583toc.htm

Travel, Entertainment, Gift, and Car Expenses
http://www.irs.gov/forms_pubs/pubs/p463toc.htm

questions & answers about independent contractor vs. employee
http://www.irs.gov/prod/tax_edu/faq/faq4-3.html


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Author: GreedyJoe2 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 48467 of 121219
Subject: Re: Part-time sales job Date: 3/15/2001 12:16 PM
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They do not take taxes out of the pay check, At the end of the year I would get a 1099. And I work out of their office. So my guess is that I'm considered a Contractor.
Thank You
I'm going to check out
Starting a Business and Keeping Records
http://www.irs.gov/forms_pubs/pubs/p583toc.htm

Travel, Entertainment, Gift, and Car Expenses
http://www.irs.gov/forms_pubs/pubs/p463toc.htm

questions & answers about independent contractor vs. employee
http://www.irs.gov/prod/tax_edu/faq/faq4-3.html

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