Get this book. Lower Your Taxes - Big Time by Sandy Botkin, CPA, Esq. former IRS atty and Senior Tax Law Specialist isbn 978-0-07-162378-0 Everybody should have a home based business.
by teran_realtor - 18 hours ago
If you each make at least 400 dollars the law requires you to pay self employment tax.
by Harry - 18 hours ago
See if you can make $400 a year, then ask again. Remember to keep track of all your expenses. Every single one on a spreadsheet and keep receipts. Competition is FIERCE in this field. You will have to price your end product just right to beat competitiors. People that shop know what a good value is, and when they are being overcharged.
by Go with the flow - 18 hours ago
you pay taxes on net profit; it is 99% unlikley that you will have net profits if you allocate and consider expenses--imputed or real. do NOT JUST make jewelry. do market research write a biz plan read biz books get back to me!
by kemperk - 18 hours ago
You can do anything you want under the table.
by Ruler Of Hearts - 18 hours ago
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