Where is the best place to live in the Albany, NY area? I've heard that Latham and Clifton Park are pretty nice, but Schenectady and Troy should be avoided.
When it comes to filing your taxes, Notaries must report Notary fees as ordinary income. What your instructor was likely referring to is the fact that Notary fees are not subject to Self-Employment Tax usually declared on IRS Form SE. You can find more information on this topic in Chapter 12 of theIRS Publication 17 (listed as âNotary Publicâ beneath the âOther Incomeâ category.)
At the end of that term, he must register again and pay another $60 fee. In order to recoup the $60 registration fee, a notary public would need to do 30 jobs per year and charge $2 per job.If someone pretends to be a Notary Public, that may invalidate the document being notarized.