Calculating income taxes is a royal pain, even when your situation is uncomplicated enough that you can file a 1040EZ Form. And if you're self-employed, be prepared for extra layers of complexity.
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I've been self-employed for nearly 30 years. Last week at a networking meeting I was told by a recruiter that self employed people are just people who can't find work or keep a job anywhere else. I'm not sure I've ever been so insulted in my life.
You may not have noticed it, but at the town hall debate on October 16th, Governor Romney torpedoed his own claim that he would give small businesses a break.
If your kid is fortunate enough to find work this summer, there are a few things he or she -- and you -- should know about the economic and tax ramifications of temporary employment:
Some people go into business for themselves so they can call their own shots; others turn to self-employment out of necessity after falling victim to ...
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