How do I make my business legal? 14 y/o

[musicalandrea]

I started a business in my neighborhood at the beginning of quarantine. I have now expanded to doing work for other neighborhoods and even have work with some hoa’s coming up. I am currently making about $950 a week and saving all of it. Everything I have made has been in cash. How do I make my business legal and report the money I have made?

 

[613jono]

@musicalandrea This kid makes twice as much as me a week

 

[honeyb13]

@613jono 5x me :/

 

[613jono]

@honeyb13 You make less than $800 a month?

 

[honeyb13]

@613jono Yeah working part time for $8/hr nets about $720 or so a month.

Edit: before tax it would be over $800 but I’m assuming OP doesn’t pay taxes so I compared take home

 

[depressedandinchrist]

@613jono Welcome to America! I’m 36 and minimum wage in my state is 75 cents more than when I started working minimum wage when I was 15.

That’s 21 years later. That equates to 3.6 cents per year raise in hourly wage.

Guys you can afford to pay your employees more than a 3.6 cents per hour wage increase per year. Cmon.

 

[nonamenomad]

@depressedandinchrist It took you 21 years to realize you were being shafted? That doesn't even sound like it keeps up with average inflation.