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If you are self-employed, then you will need to investigate the tax code relative to businesses and self-employment - I would guess that Connecticut's state income tax (if they have one) would cover this and you would need to pay income tax on it. Also, if you are above a certain income, you will need to report your income to the IRS as well.
However, your services are probably not taxed - there are very few service-based taxes in the United States as of 2012. Therefore, while you will probably need to pay taxes on the money you receive, you don't need to collect a service tax from your clients on top of your fees.
What else can I help you with?
Is the service charge taxable in Singapore?
Yes. In Singapore, the service charge, if imposed by a business, is taxable under GST according to the IRAS.
Is pet sitting a taxable service in Virginia?
Yes. It's a taxable service in every country and country world-wide. If you accept money for services (ANY type of service) then you are effectively earning an income ... and have to declare the money.
How many service are taxable in service tax India?
116 service taxable in india
Is business travel reimbursement taxable?
Yes, business travel reimbursement can be taxable if it exceeds the allowable IRS limits and is not properly documented.
Is foreign exchange gain taxable?
Foreign exchange gains are taxable but they are taxable with different rate of tax then actual normal profit of business.
Is tree trimming service taxable in Ohio?
In Ohio, tree trimming services are generally considered taxable because they fall under the category of taxable services. According to Ohio law, the service provided is seen as a repair or maintenance service, which is subject to sales tax. However, if the trimming is part of a larger landscaping service that includes taxable and nontaxable components, the entire charge may be taxable. It's advisable for service providers and customers to consult with a tax professional for specific situations.
Is divorce decre settlement agreement taxable?
Settlement was made out of court as part of a business sale is it taxable
A business entity that is a separate taxable entity is called what?
Business Entity Concept
Is web design a taxable facsimile service in Florida?
Web design is a taxable facsimile service in Florida. It is important to pay the correct state and federal taxes when due.
Whether a subcontractor is liable to pay service tax?
A sub contractor is essentially a taxable service provider .his services are in the nature of input services .hence service tax is leviable on taxable services provided.
Is web hosting a taxable service?
Domain hosting is indeed a taxable service. However, if your company is in a different country other than the one you reside in, you will not have to pay the tax on that service. Usually small companies do not charge tax on domain hosting as they need to be making a certain amount of income quaterly before they will have to start taxing their clients.
Do you pay sales tax on labor in Connecticut?
The short answer is...labor only, probably not. But CT really looks at things on a type of industry basis (so janitorial services are taxable for example....so it really depends. Labor inherrent in a service is frequently taxable. Try the link: http://www.ct.gov/drs/cwp/view.asp?a=1454&q=276886
