Money and Taxes in a Micro Business
by Carol Topp, CPA
Volume 3 of the Micro-Business for Teens Curriculum
In Money and Taxes in a Micro Business, Carol Topp, a Certified Public Accountant who has extensive experience working with homeschoolers and small business, discusses money and taxes. Carol’s greatest strength — her experience as a CPA — really shines through in this book. Her overview of money- and tax-related record-keeping is the clearest and simplest I’ve encountered. She shares enough to work with, but not so much that it’s overwhelming. I wish I’d had this when I started my first business!
What you’ll learn in Money and Taxes in a Micro Business
—How Successful Are You? Your Income Statement
—Can You Stay in Business? The Cash Flow Worksheet
—Making More Profit
—Measuring Success: Financial Ratios
—Who Are You? IRS Classifications of Teenage Workers
—More Taxes: State and Employer Taxes
—Hiring Help: Employees and Independent Contractors
—Working with an Accountant
Save $$ when you order the four books as a set!
For inspiration, you may want to watch this episode of Carol’s PBS program, Micro Business for Teens.