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The Side-Hustle Tax Trap: Why Student Entrepreneurs Need to Tax Structures
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The Side-Hustle Tax Trap: Why Student Entrepreneurs Need to Tax Structures
Let me paint you a picture I’ve seen play out a dozen times: Somebody’s senior year, they’ve got a little Etsy shop selling custom Duck gear. Maybe they’re photographing formals on the weekends. Or they’ve been building websites for local Eugene businesses. It’s just side money – a few thousand bucks here and there. Then April rolls around, and they get hit with a $3,500 tax bill they never saw coming. Cue the panic. The credit card debt. The “I…
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