What You Need to Know About Working and Taxes This Summer

Despite the fact that I’m writing this while wrapped in a quilt—thanks, Mother Nature—my calendar says that summer is coming. For many folks, that means new jobs, gig work, and summer camps. Those changes can result in tax consequences. Here’s what you need to know as summer heats up.

Seasonal Work

It looks like teenagers are returning to the job market this summer. With some schools already shutting their doors, teens are heading out—and into restaurants, pools, and other seasonal opportunities. According to the latest employment data, nearly 256,000 teens aged 16-to-19 years old picked up jobs in April, the ...