Wednesday, May 2, 2018

Estimated Tax Payments


If you earn or receive money from a business, investments, alimony or even prizes, you are required to pay taxes on that income throughout the year, not just in April. Failure to pay on time can cost you big money in penalties and interest.

Wage and salary earners are accustomed to having their taxes withheld from their payroll. When your income is not exclusively through payroll, the responsibility falls directly on you to meet your tax obligations.

Does this mean you have to send the IRS a check every week or two? No. The IRS has set up a quarterly payment system where Q1 is due by April 15, just like the previous year's taxes, then following on 6/15, 9/15 and finally on 1/15 of the following year. If any due date falls on the weekend or a holiday, it's extended to the next business day.

The IRS preferred method is that you figure the total estimated tax for the whole year, and send four equal payments, following the previously mentioned schedule.

Have your CPA help you with the worksheet and Form 1040-ES to determine the correct quarterly amount.

You can pay by check along with the Form 1040-ES voucher, or you can file electronically using a credit card by enrolling in the Electronic Federal Tax Payment System, or using the IRS’ Direct Pay option.

Ignoring your estimated tax duties can lead to a tough time at the end of the tax year. It can be difficult enough, just paying the lump sum that you were supposed to pay throughout the year, but when the IRS tacks on penalties and interest, it's like adding insult to injury.


Tanya Higginbotham, a Certified Public Accountant, can help you with your estimated taxes and any other IRS issue you or your business are facing.

Friday, March 30, 2018

High Pressure Water Jetting

This is the second in my series about how my clients make money. I am continuing my discussion of Professional Piping Systems, Inc. This post is about their service in which they use high powered jets of water to scour the inner surface of industrial pipes.

High Pressure Jetting efficiently removes blockages from pipes regardless of pipe size, provided the correct flow and pressure are maintained. Obstructions including roots, sewage, grease, minerals such as lime etc. can be jetted loose & flushed away using a high pressure nozzle.

Routine maintenance with high pressure jetting can prevent expensive, inconvenient downtimes that halt business and close roadways.

High Pressure Jetting is applicable in the sewer mainline, beneath streets, in laterals between buildings & municipal systems as well as drainage pipes under or inside buildings.

Storm drains are also good candidates for high pressure water jet cleaning. They may be blocked by roots, silt and other debris that can all be removed using a high pressure jet.

Any diameter or length of pipe in manufacturing and chemical or food processing plants which carries liquid can be cleared of pipeline blockages. Each blockage can be dealt with individually to choose the best method of cleaning.

A high pressure water pump is at the center of this process, powered by a strong engine and backed by high pressure hoses, delivering the high pressure water from the pump to the specialized jet nozzle.

The right tank is of equal importance. When water is available onsite, it is more economical to use a smaller tank, otherwise, a larger tank can prevent multiple refill trips.

Professional Piping Services, Inc. has the knowledge, experience and equipment to do the job right the first time!

Sherlock Pig

This is the first in a series about how some of my clients make money. I can't give the specifics about how much money they make, but that's okay.

One of the ways my client, Professional Piping Services, Inc. makes money is by helping their clients re-map their piping systems. Often, the actual layout of a piping system varies considerably from what was designed. Whether that's because of unforeseen obstacles to construction, or errors made by the initial builders, it can make maintenance and cleaning difficult.

If you're not familiar with Poly Pigs or Pipe Pigging, keep an eye on this blog as I'll discuss it in another post.

Enter Sherlock Pig, an electronic device embedded in a special poly pig, The device transmits signals while traversing a piping system

Sherlock Pig, the tracking device, can be used to track the location & depth of pipes that are not properly documented. The "as built" drawings turn out to be "as imagined".

The device can also help find "lost" valves and identify those that are malfunctioning while also confirming suspected blockages, identifying size disparities and the leaking this causes.

Like other poly pigs, it is suitable in multidimensional systems of all types and sizes and products. The inline velocity is controlled and requires only one entry port and an exit port. This allows miles of pipe to be inspected in a single run.

PPSI now provides a method to accurately locate underground and subaqueous piping systems.

To learn more about this service, please visit the PPSI website.

Professional Piping Services, Inc. is a Certified Underground Utility Contractor with Florida License Number CU-C055717

Wednesday, March 7, 2018

Abandoned Blog?

Almost.

I had almost abandoned this blog, but just today thought I could post a bit here about some of my clients and how we (my clients and I) make money.

I think I had originally said "make money online", but it looks like I'll be less specific going forward.

I kind of laughed at myself when re-reading my inaugural post in this blog because I never did anything near what I talked about then. LOL! I still have dreams of being a successful content creator of some kind, but I don't know if I'll ever make it happen.

I'll post more later!

Friday, February 1, 2013

Ebay item selling too low

I have an ebay item up right now, closing in 11 hours. Members Only Leather Jacket. I took a risk and started the bidding at only five dollars! I would really rather not sell it at that price. That'll be an expensive lesson.

Wan't a great deal on a jacket? Save me by bidding on mine.

UPDATE:
It sold for just over $20. With shipping, the buyer will pay just under $40, so it's a REALLY good deal for them, and I think my father-in-law will be happy with the twenty bucks.

Saturday, January 26, 2013

Unexpected earnings!

WOW!

I put up a single page (Really, more like a quarter of a page) at tecbrat.com and popped in a Google ad. I got a click!

It paid almost a dollar. Only 999,999 more and I'm set for life!

Monday, December 31, 2012

eBay, of course

No blog about making money on the web should miss out on the opportunity to talk about eBay. Even though I have heard some hinting that eBay has, in the effort to be buyer friendly, become seller unfriendly, I decided to give it a try.

I signed up and was able to get a user name that I like: RiverviewDeals.

I actually like that eBay username so much that I decided to by the domain name too: RiverviewDeals.com

I just pointed it to a blogspot blog riverviewdeals.blogspot.com

As I write this, I only have one item offered. It is a Members Only brand jacket from around the '70s or 80's. Take a look if it's still there: Members Only Leather Jacket


I'll keep this blog updated on my progress on eBay.