I turned stuffed-animal side hustle into full-time lucrative business [Video]

Post author By Curator
Post date December 28, 2024

When I left a 20-year career as a journalist and editor to launch a brand of weighted stuffed animals, my friends and colleagues were shocked. Frankly, I was too. But I knew my career shift was the culmination of a lifelong mission.

My family arrived in Columbus, Ohio, from Russia in the 80s when I was two. Mental health was not a topic of discussion. The prevailing wisdom was: If you’re not seriously injured, no need to complain.

So as a pre-teen grappling with anxiety and depression, I turned to magazines for information and validation. They helped me feel less alone, and it became my goal to do the same for others. I went on to cover mental health as an editor at Cosmopolitan, Women’s Health, and Glamour, and as chief content officer at Thrive Global.

Behind the scenes, my racing mind and anxiety led to constant sleep issues. I tried a weighted blanket, which calmed my …

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Tags Entrepreneur, Entrepreneur Life, Entrepreneurship, Side Hustle Success

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A New Tax Rule For Digital Income Could Save You Some Money [Video]

Post author By Curator
Post date December 28, 2024

If you have a side hustle and are accepting digital payments, tax time may be confusing. Luckily for us, the IRS has made some updates!

Tags Entrepreneurship, Financial Independence, Side Hustle Ideas, Side Hustle Success

Side Hustle

Tax tips and updates for 2025 filing season [Video]

Post author By Curator
Post date December 28, 2024

Get your documents ready. Tax season is here. One key update this year involves third party payment platforms like Venmo and Cash App. These platforms will send you *** 1099K form if you made more than $5000 in income using them, changes only for business transactions, not personal ones. But tax experts are getting *** lot of questions. It really is not so much *** change in the rules. If you had self-employment income or side gig or side hustle income, that's always been taxable, is taxable and will be. Mark Steber is the chief information officer for Jackson Hewitt. He says life changes will have *** bigger impact on your taxes, like getting married, having *** child, or taking care of dependent parents. You might be sitting on *** new benefit, *** credit, an election, or *** deduction that can add money to your tax refund. The child tax credit, for example, is worth up to $2000 per child under 17. There's also the Earned Income Tax Credit. It's worth anywhere from $632 to 7,8. $30 depending on the number of children you have, your marital status, and how much you make. You can find information about credits and deductions by going to IRS.gov. Make sure you know all the deductions and all the credits and all the elections, or you have someone who will help you do that. The deadline to file is April 15th. Tax experts recommend filing early because fraud and identity theft become more common the longer you wait, not to mention you'll get your refund faster. Reporting from Washington, I'm Amy Lowe.