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April 2022 Volume 25
Purpose
The purpose of Kappa Beta Delta is to encourage and recognize scholarship and accomplishment among students of business pursuing associate degrees. To encourage and promote personal and professional improvement and a life distinguished by honorable service to humankind.
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"Imagination is the highest kite that can fly."
– Lauren Bacall
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Self-Employed Tax Obligations
There are a few tax considerations to consider when you work for yourself. Generally, you’re required to file and pay estimated taxes every quarter.
Determine if you are subject to tax: Subtract your business expenses from your income. If your expenses are less than your income, the difference is part of your income. If your expenses are more than your income, the difference is a net loss.
Make quarterly payments if you’ve determined you need to make quarterly payments using Form 11040-ES.
Filing annually: If you’re filing annually, you’ll need to use Schedule C to report income or loss. To file your Social Security and Medicare taxes, you should file Schedule SE Form 1040.
Deductions: If you’re using part of your home for business, you may be able to make certain deductions, such as for your office or a portion of your home’s square footage used for business purposes.
* This information is not intended to be a substitute for specific, individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax professional.
Tip adapted from IRS.gov
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Restorative Yoga - Long and Easy Stretching
Whether you have been curious about yoga but have never tried it, or if you're a seasoned yogi looking for something new, restorative yoga has something for everyone. This gentle yoga uses props like blocks, blankets, and straps. Stretches and poses are held for a longer time, yielding many benefits.
Here are a few ways that restorative yoga can be beneficial for many people:
It can help with neck, low back, hip, and shoulder pain
It can help with insomnia
All ages widely practice it, and modifications are available
It can relax the mind and help with anxiety
It may help to cope with serious illnesses and life events
It may improve respiratory and circulatory function
Check your local yoga studios or gyms to enroll in a restorative yoga class. If you can’t find one, there are online yoga courses you can try. It might be a stretch worth taking (ask your doctor if yoga might be right for you).
Tip adapted from www.mindbodygreen.com
SAVE the Date
KBD Fundraiser at Chick-fil –A Merrillville
April 18, 2022 5 pm – 7 pm
Check out the flyer attached
Service Learning Call to KBD Members for the Volunteer Income Tax Assistance Program
(VITA) Check flyer attached
Contact Professor Joniec
jjoniec@ivytech.edu
Saturday April 9th, from 9 A.M. to 1 P.M.
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Business Law Scholars listening to, April 1st Nathaniel Elizalde, Assistant Director of Purdue University Northwest Admissions
KBD Lake County Advisors
Dr. Trina Lynch-Jackson
Professor Joseph Joniec
Associate Director K-14 Initiatives Aleesha Thirkles-Williams
KBD Officers
Angela Vazquez
Mary Cunningham
Amanda Edge
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