Cosmetology: Reporting Your Income to the IRS
10.00
Online
Elective
Please select your state to enroll in this course
Learning objectives

  • Know the benefits of filing a correct tax return.
  • Understand your federal income tax responsibilities.
  • Identify your worker classification.
  • Learn how to report income.
  • Know how to identify business expenses.
  • Know the differences between an employee and an independent contractor.
  • Recognize your responsibilities as a shop owner or employer.
  • Understand what is considered income.

Reporting Your Income to the IRS

10.00
Learning objectives

  • Know the benefits of filing a correct tax return.
  • Understand your federal income tax responsibilities.
  • Identify your worker classification.
  • Learn how to report income.
  • Know how to identify business expenses.
  • Know the differences between an employee and an independent contractor.
  • Recognize your responsibilities as a shop owner or employer.
  • Understand what is considered income.