[IMGCAP(1)]Summer jobs are an excellent opportunity to learn responsibility in the areas of work ethic, time management, and financial responsibility.
According to the Bureau of Labor Statistics, 20.3 million youth were employed in the summer of 2015. This is a significant increase from only 2.1 million employed during the school year. If your child—or the child of one of your tax clients—is a student and one of the millions joining the work force this summer, kudos to them! Along with establishing a good work ethic and building time and financial management skills, a summer job also means learning about the obligatory duty of paying taxes.
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