Getting a job as a teenager might feel like entering a new and strange world. From creating a CV to navigating interviews, the process may be stressful. Fortunately, there are various vocations that may help teenagers achieve financial independence.

If you live paycheck to paycheck, you are not alone. People of various economic levels can fall into this pattern. CNBC claims that 63% of Americans are living paycheck to paycheck. Spending your full wage each month puts you at risk of significant financial difficulty if an emergency occurs.

In essence, at any point of start of a new employment, one has to complete a W4. With this form, your employer can establish how much tax to deduct from your pay and remit to the IRS. These withholdings partly cater for your tax obligations especially when you qualify for one or the other tax credits or deductions on your income taxes.

Tax season comes every year, without fail. If you are familiar with taxes, this article may not be for you. However, if you've recently begun your first job or earned very little money last year, you may be thinking, "How much money do you need to make to file taxes?Good! Taxes can be quite complicated and hence it is normal to have questions on the same.