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Starting and running a micro business

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Blog · February 6, 2014

Teenage Taxation Without Representation video

You are here: Home / Blog / Teenage Taxation Without Representation video

 

Here’s a short video produced by three teenagers on

Teenage Taxation Without Representation

https://vimeo.com/user24314218/teenagetaxation

Teenage Taxation Without Representation (C-SPAN Student Cam 2014) from lei on Vimeo.

You can jump to 4:00 min to see me explain that the self-employment tax threshold of $400 has not been adjusted since 1954!

If it had been adjusted it would be $6,000!

Imagine being able to earn $6,000 before you had to pay self-employment tax! Think that would encourage some teens to start a micro business?

Help me and these teenagers adjust the tax on teen entrepreneurs. Click on the link for a letter you can send to your Representative or Senator.

Eliminate tax on teen entrepreneurs

 

Carol Topp, CPA

Related posts:

  1. Teen Jobs and Tax Issues
  2. Sharing Your Income With Uncle Sam
  3. Teens Start Their Own Businesses
  4. Ten Tech Teenagers & Their Micro Businesses
  5. Entrepreneurs can change the world (video inspiration)

Filed Under: Blog Tagged With: entrepreneur, taxes, teen, teenager

Carol Topp, CPA

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From a parent

Thank you for your e-book on teen micro businesses. Your valuable experience and wealth of knowledge is vast.

Your presentations at Cincinnati homeschool conferences and sharing with us over the years have benefited us well.

I can hardly believe we are at this point in our life-and here he is a young man ready to try his fortune with the world.

-Mandy S

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