Working Teens Take Note: With First Income from a Summer Job Also Comes Tax Issues


--()--Wolters Kluwer Tax & Accounting:

What: As teenagers across the country enter the workforce, many for the first time this summer, both teen employees and their parents need to be ready for the tax implications of that first paycheck.

Why: There are several federal tax issues that working teens and their parents may face and should keep in mind so they aren’t caught off guard. Wolters Kluwer Tax & Accounting has developed the attached Taxes for Teens 101 cheat sheet.

Who: Tax expert Mark Luscombe, JD, LL.M, CPA, Principal Federal Tax Analyst at Wolters Kluwer Tax & Accounting, is available to discuss the tax issues faced by teenagers and their parents on that first summer job in more detail.

Contact: To arrange interviews with Mark Luscombe or other federal and state tax experts from Wolters Kluwer Tax & Accounting on this or any other tax-related topics, please contact: