Kids These Days! Child-Run Businesses And Taxes [INFOGRAPHIC]
I don’t know about you, but at 8 years old, I think I was most concerned with my collection of Lisa Frank stickers and folders. And at 13? Oh, forget about it. Anything that wasn’t Backstreet Boys – or real boys – barely grabbed my attention. But there are some young entrepreneurs out there who are securing patents, marketing products and raking in thousands of dollars in revenue, all well before they can drive a car.
Even if your kiddos are experiencing a childhood more like mine, they may host a lemonade stand this summer or sack groceries at the local store. In that case, we have a few things you should know too.
Taxes can be complicated for small business owners. Learn more about some of the best small business deductions to lower your tax bill with this list.
How does self-employment affect your tax rate? Learn how to file taxes for self-employment and get tax answers from H&R Block.
When you’re starting a business, the growing list of tasks on your to-do list can seem like a daunting challenge at best, and overwhelming at worst.
Selling Herbalife, Mary Kay or Amway products? Learn more about independent distributor taxes with the experts at H&R Block.