Business Store

There are nearly 28 million small businesses in America. Of those 28 million, a full 22 million consists of one lone employee. Finally—a way to make money from being anti-social!

In order to be subject to federal income taxes, a small business must have annual business receipts of $1,000. So much for Billy’s lemonade stand. However, rather than gnash your teeth every tax season, be glad you made enough income to file!