Tax Resolution Attorney John P. Willis Talks About The Tax Responsibilities Teens Learn Through Summer Jobs
Tax resolution attorney John Willis, CEO and founder of IRSALLSTAR suggests parents help their newly employed children understand the basics of paying taxes thus grooming their children to become responsible taxpayers.
Fairhope, AL, July 23, 2019: Tax Attorney John Willis, CEO and founder of IRSALLSTAR.com, recently published a blog on his website entitled “Summer Jobs Teach Teens About Taxes,” in which Mr. Willis tells readers how quickly the excitement of a teen’s first paycheck can turn to shock when they see the cut Uncle Sam takes.
Willis writes, “So your kid has landed a summer job.” He adds a congratulatory note, “Great news.” “A first summer job that requires a kid to fill out a W4 form is exciting and also eye-opening since this is typically when kids learn about taxes,” says Willis. He continues, “Depending on how much your child earns during the summer will depend on whether or not they will have to pay federal taxes. If he or she is still claimed as dependents by their parents or guardians, they may or may not have to pay federal taxes.”
As Willis points out, “Summer jobs and internships provide the first shock about how much Uncle Sam takes.” He acknowledges, “It does take some getting used to.” He also points out that, “Taxes are not something most kids think about unless they are born into a home of tax attorneys or CPA’s. But, before long, the responsibility of paying taxes becomes second nature. Whether anyone likes it or not, and most people don’t like it one bit, we all have to bite the bullet and pay the taxman.”
According to Willis, “You can help your kids understand the differences between employed and self-employed workers. If your kid is waiting tables, you can explain that cash tips are also reportable as income. And if a child is working for his or her parents, they may not need to pay taxes if they are under 18. In fact, that could represent a nice tax break for the parents.”
The entire blog can be read at: http://www.irsallstar.com/blog/summer-jobs-teach-teens-about-taxes.php
ABOUT JOHN WILLIS
Mr. Willis believes strongly in supporting and representing the “underdog” and has devoted his entire professional life to protecting and defending those who need it most. As an attorney, Mr. Willis takes his role as “counselor” seriously. His knowledge, creativity and persistence are valuable assets that provide substantial benefits to his clients. He has represented individuals and businesses across the Gulf Coast for over 19 years and, he brings together an abundance of skills and experience that can be of assistance to almost anyone.
ABOUT THE IRSALLSTAR TEAM
The IRSALLSTAR team has developed a winning formula to ensure that each client’s individual needs are specifically met. Upon becoming a client of Mr. Willis’ law firm, that client’s immediate needs are assessed, and long-term goals are defined. Experienced professionals on the IRSALLSTAR team then assist each client in developing and implementing a custom-tailored game plan to provide both short-term and long-term relief from his or her serious tax problems. All firm clients are continually coached toward successful tax resolution and final victory over their challenges with the IRS and state taxing authorities.
To learn more about Mr. Willis and his law firm please visit http://www.IRSALLSTAR.com or call toll-free 877-254-4254.