MS. SIMPLICITY Lesson In What Comes In Must Go Out
This week I worked with a client who had 3 days to clear every single thing out of their house because of a pending natural disaster. During those 3 sleepless days things were thrown in boxes and ... Posted on 8/2/12 at 5:53 PM
FAR SIDE OF FIFTY Hooked or Hooked Up?
I have Far Guy hooked on Garage Sales, ever since he found that one piece for his Lionel Train (The Depot) for a whole dollar he has been "hooked." There are many advantages to this si... Posted on 7/23/10 at 6:23 AM
Long before eBay existed, garage sales and classified ads helped people unload unwanted items. To figure out if sales have tax implications, H&R Block advises sellers to know how to determine if the resulting cash is reportable taxable income and if the IRS classifies the particular activity as casual selling, a hobby or a business.
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