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Tag: hiring children tax benefits

What Are Tax Benefits for Parents Selling Crafts Online in 2025?
Finance

What Are Tax Benefits for Parents Selling Crafts Online in 2025?

“Parents selling crafts online in 2025 can leverage tax benefits like the Child Tax Credit, dependent care deductions, and business…

MJ KSeptember 6, 2025September 5, 2025
How to Plan Major Purchases with a Parent’s Side Hustle Income
Finance

How to Plan Major Purchases with a Parent’s Side Hustle Income

“This article outlines strategies for parents to plan big purchases using side hustle income. It covers selecting profitable side hustles,…

MJ KAugust 8, 2025
IRS Rules for Parents with Side Hustles in 2025
Finance

IRS Rules for Parents with Side Hustles in 2025

The IRS requires parents with side hustles to report all income, including earnings over $400, and pay self-employment taxes in…

MJ KJuly 18, 2025
How to Plan Finances as a Parent with a New Side Gig
Finance

How to Plan Finances as a Parent with a New Side Gig

“Balancing parenthood and a new side gig requires strategic financial planning. This article outlines key steps: creating a budget to…

MJ KJuly 14, 2025

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