freakyanimeluver
New member
Me and my friend are both 16. We have been wanting jobs, or some source of income, for the past couple years. There really aren't a lot of places around us that are willing to hire teens, it's usually 18 and up. We have decided to make our own business and we plan to do more research on starting a small business over the next couple months. Business is something we are both interested in and plan on making it a career someday, so we are interested in learning a lot about it. We find it extremely fun to learn about. It's not going to be some huge business that makes lots of money each year, but it's not exactly going to be as small as like, lets say a lawn mowing or baby sitting business (not interested in doing those.) So i've asked my friend about this before but she knows about as much as me, which is little, if we were able to make money lets say 10,000 a year (which we would evenly split) do we have to do anything about taxes? Lets see, tax forms or tax returns or something like that I think they're called, basically what small business' do 
. I'm sorry it's not a very descriptive question but I don't know a lot when it comes to this sort of stuff >.> and i'm hoping some of the answers will get us pointed in a good direction to further our research. I'm not sure if this matters, but most of the money we make will be going into our savings accounts...college isn't that many years off so we want to start saving as soon as we get some money coming in.
Thanks ^^
. I'm sorry it's not a very descriptive question but I don't know a lot when it comes to this sort of stuff >.> and i'm hoping some of the answers will get us pointed in a good direction to further our research. I'm not sure if this matters, but most of the money we make will be going into our savings accounts...college isn't that many years off so we want to start saving as soon as we get some money coming in. Thanks ^^