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Voter Suppression: It’s Mobilization Time

Voter Suppression: It’s Mobilization Time

Written by Peter Grear

With this article we will start detailing the ingredients of a revisable action plan that needs comments and revisions as we move toward the Tuesday, November 4, 2014 General Election.  

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Las Vegas Comedian James Bean's Candid Account Of His Struggle With Suicide

Las Vegas Comedian James Bean's Candid Account Of His Struggle With Suicide

WHEN THE HUMOR IS GONE

James Bean has shown insight and understanding of the darkest moments of many people’s lives as well as ideas on how one could begin to create a life worth living even out of the depths of despair.” -– Rhonda Duncombe, LMFT, LADC

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Voter Suppression: NC Black Republican Advisory Board

Voter Suppression: NC Black Republican Advisory Board

Written by Peter Grear

Educate, Organize and Mobilize: I confess that I’m amazed. The Republican National Committee and the Republican Party of North Carolina announced last week that they have launched theNorth Carolina Black Advisory Board (BRAB) 

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Tips for Managing Stress in Your Life

Tips for Managing Stress in Your Life

Written by State Point

Stress is not only unpleasant; it can be overwhelming, ultimately preventing you from solving the problems that caused the stress in the first place. But getting focused can help you feel happier and be more successful professionally, financially and in your relationships, say experts.

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Voter Suppression: Defeating it requires two massive efforts

Voter Suppression: Defeating it requires two massive efforts

Written by Peter Grear

For black voters, Benjamin Jealous expressed what I believe to be the critical message for black voters when he said that the best way to overcome massive voter suppression is through a massive wave of voter registration.  Thankfully, the NAACP is putting this theory into action through the Youth Organizing…

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Black Women are Taking Care of Business

Black Women are Taking Care of Business

Written by Freddie Allen

Instead of breaking the glass ceiling, Black women have increasingly started making their own. According to the Center for American Progress, an independent, nonpartisan progressive institute, Black women are the fastest-growing group of entrepreneurs in the country.

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Voter Suppression: Is it partisan?

Voter Suppression: Is it partisan?

Written by Peter Grear

Educate, Organize and Mobilize: I’ve been doing commentaries on our Campaign to Defeat Voter Suppression since November, 2013.  Because the right to vote is fundamental to our democracy, I’ve tried to promote a non-partisan theory of voter enfranchisement. 

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Why vote? ALEC and the Doctrine of Exclusion

Why vote? ALEC and the Doctrine of Exclusion

By Peter Grear

Educate, Organize and Mobilize: Frequently, in going forward it is imperative to examine your history.  In 1638 the Maryland Colony issued a public edict encouraging the separation of the races that became the public policy of America. 

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Download Greater Diversity News Digital PDF Edition for FREE

FREE Full PDF Edition includes stories not featured on the website

The FREE Full PDF Edition includes stories not featured on the website. No paper, no hasel, read on your laptop or mobile devices. 

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Working This Summer? Students Need to be Tax Savvy, Too

Written by Rowan University on 29 June 2010.

In these difficult financial times it is common for college students to engage in some part-time work while juggling regular semester coursework or, at a minimum, take that obligatory summer job.

Any level of paid remuneration will trigger a potential tax liability for the student, and in some cases involving unearned income, the parent may wind up paying the tax, according to Rick Marmon, an associate professor of accounting in the Rohrer College of Business at Rowan University, Glassboro, N.J. who holds advanced degrees in business, law and tax and is a certified public accountant, certified management accountant and licensed attorney.

There are a couple of planning considerations that anyone with working kids should know that will help make reporting a little less taxing in the new year, said Marmon, who teaches taxation courses in the undergraduate and graduate business programs.

First, children under the age of 24 who are full-time students at least some part of five months during the year are generally considered dependents of their parents. Dependents are not entitled to reduce their taxable income by their personal exemption ($3,650 for 2010), which means that once a child earns more than $5,700 (his/her standard deduction), he/she will have a tax liability.

One thing that a working youth should do is file a W-4 with his/her employer exempting him/her from tax withholding if his/her projected earnings are less than $5,700. There is little need to waste time and money filing a tax return when the child ultimately will get a refund of all taxes withheld during the year, Marmon said.

Second, if a child has unearned income exceeding $1,900, he/she will have to pay tax on the excess at his/her parent’s marginal tax rate. This provision was added to the Internal Revenue Code to prevent parents from reducing their taxes by putting their stocks and CDs in their childrens’ names. The “kiddie tax,” as it is known, applies to children under 18 years of age or under age 24 who are full-time students and whose earned income does not exceed half of their support (excluding scholarships).

Another issue involving working kids is the dreaded “self-employment tax.” If a child is engaged in some type of work that is considered self-employment income and he/she earns more than $433, he/she must pay a 15.3-percent self-employment tax in addition to any federal income tax required. Self-employment income includes any money earned that is not reported on a W-2 by an employer. For instance, that summer lawn business or odd-job business is subject to self-employment tax; however, babysitters have been held to be employees of the parents for whom they are working and are not subject to the tax.

In addition to the federal tax issues, most states require some form of reporting and/or tax obligation for student workers. Addition detail and instructions can be found in IRS Publication 929: Tax Rules for Children and Dependents.

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