Categories
Resources for Accountants

What is subject to income tax [Video]

What is subject to income tax

Unless the tax code provides an exclusion, you’re subject to income tax when you:

• Earn money from a job
• Earn money from self-employment
• Receive cash for doing odd jobs
• Receive dividends from a corporation
• Receive damages for emotional distress
• Find money lying on the ground
• Get paid for jury duty
• Sell property for more than you paid for it
• Give someone a gift of more than fifteen thousand dollars
• Rent your home to someone for more than 14 days
• Receive interest
• Receive unemployment benefits
• Receive something through bartering
• Have your debt forgiven
• Win a prize
• Win money gambling
• Make money from a hobby
• Earn money from an illegal business
• Embezzle money from your employer

And don’t forget, if someone else pays your taxes for you, that’s taxable income as well.


Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education accessible to all people.

SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES
* http://eepurl.com/dIaa5z

HIRE MICHAEL MCLAUGHLIN, PHD, CPA
* https://michaelmclaughlin.com/hire-me

GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT
* https://edspira.thinkific.com

LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725
* Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc
* Website: https://www.edspira.com/podcast-2/

GET TAX TIPS ON TIKTOK
* https://www.tiktok.com/@prof_mclaughlin

ACCESS INDEX OF VIDEOS
* https://www.edspira.com/index

CONNECT WITH EDSPIRA
* Facebook: https://www.facebook.com/Edspira
* Instagram: https://www.instagram.com/edspiradotcom
* LinkedIn: https://www.linkedin.com/company/edspira

CONNECT WITH MICHAEL
* Twitter: https://www.twitter.com/Prof_McLaughlin
* LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin

ABOUT EDSPIRA AND ITS CREATOR
* https://www.edspira.com/about/

Watch/Read More
Categories
Resources for Accountants

Comprehensive Training with WallStreetMojo! [Video]

🚀 Aspiring to break into investment banking or elevate your finance career? Whether you're a student, analyst, or professional seeking comprehensive training, this program is your gateway to mastering financial modeling and valuation with real-world applications!​ 🎓 Introducing WallStreetMojo’s Financial Modeling and Valuation Certification Course Bundle – Your all-in-one, expert-led journey into financial modeling, valuation techniques, and investment banking skills!​ ✅ 25+ hours of self-paced, expert-led video tutorials ✅ One-year unlimited access – Learn at your convenience! ✅ Hands-on Excel-based learning with 40+ downloadable templates ✅ Master financial modeling, DCF, trading comps, and more ✅ Exclusive McDonald's case study for practical application ✅ Earn 2 industry-recognized certifications upon course completion ✅ Rated 4.8⭐ by thousands of satisfied learners!​ 🔹 What You'll Learn: 📌 Build comprehensive financial models from scratch 📌 Perform in-depth valuation analyses using DCF and trading comps 📌 Understand financial statements and accounting principles 📌 Gain proficiency in Excel for finance and modeling 📌 Apply real-world scenarios to reinforce learning​ 📜 Upon completion, you'll receive 2 professional certificates to enhance your resume and open doors to opportunities in investment banking, equity research, corporate finance, and more.​ 💡 Join over 100,000 learners who have transformed their careers with WallStreetMojo. It's your turn to gain a competitive edge in the finance industry!​ 🎯 Start your journey to mastering financial modeling and valuation today – Click below to enroll now! 👇​ 🔗 https://www.wallstreetmojo.com/financial-modeling/financial-modeling-and-valuation-certification-course-bundle/ 📢 Subscribe for more practical finance training and career tips! 🔔 Turn on notifications to stay updated on the latest in finance education!

Categories
Resources for Accountants

Master Finance with WallStreetMojo Membership One-Time Payment, Lifetime Access! [Video]

🚀 Want to build a successful career in finance but don’t know where to start? Or maybe you’re already in the finance industry and want to level up your skills? We've got the perfect solution for you! 🎓 Introducing WallStreetMojo Membership – Your All-Access Pass to Mastering Finance! ✅ One-time payment, lifetime access – No subscriptions, no hidden fees! ✅ 50+ expert-led courses covering Financial Modeling, Investment Banking, Excel, Power BI & more! ✅ Learn at your own pace – Anytime, anywhere! ✅ Taught by industry veterans with 50+ years of combined experience. ✅ Trusted by thousands – Proven track record with 4.8⭐ on Trustpilot & 4.9⭐ on Google! 🔹 Courses You Get Access To: 📌 Financial Modeling Live Boot Camp 📌 Investment Banking Mastery Program 📌 Financial Analyst Fast Track 📌 Excel & Power BI Courses 📌 Technical Analysis & More! 📜 Earn certificates for every course you complete! Boost your resume & unlock career opportunities in Investment Banking, Equity Research, FP&A, and Corporate Finance. 💡 Thousands have already joined & landed jobs at top financial firms—Now it’s your turn! 🎯 Take control of your finance career today! Click below to join now! 👇 🔗 Join WallStreetMojo Membership Now 📢 Subscribe for more finance insights & career tips! 🔔 Turn on notifications so you never miss an update!