To get my complete, FREE articlewith all the details… In a recent article, I explained how, by paying your college student to do a job for your business, you could save a lot of money. For example, let’s say you paid your youngster $23,255 for a one-time job; one that wasn’t subject to self-employment taxes. Using this strategy, you could deduct the $23,255 and … [Read more...]
Children as employees
Sorted by Date
Paying for College: A Winning Strategy
To get my complete, FREE articlewith all the details… Do you operate a business? Is your youngster eighteen-years-old or older? Then I have good news for you! If you handle things right, you can use a powerful strategyto build a sizable college fund. That’s right… The strategy explained below can help yousignificantly cut your tax bill. This frees up … [Read more...]
2021 Last-Minute Year-End Tax Strategies for Marriage, Kids, and Family
Sure, you can pay Uncle Sam more taxes than you have to. But why? Because you don’t know. You see, if you know how to take advantage of all that the law allows, you can save a bundle. Let me be specific. After you read this article, take my advice and act by December 31. When you do, you may find more money in your pocket. Are you getting married or divorced?Do you … [Read more...]
Vaccinated? Claim Tax Credits for You and Your Employees
To get my complete, FREE articlewith all the details… As you know, because of the terrible COVID-19 crisis, the federal government wants every eligible person to get vaccinated. And since Uncle Sam knows that a little sugar makes the medicine go down, he’s providing you and your employees with a sweet incentive What employers need to know now. If you give your … [Read more...]
14 killer tax-reduction strategies
To get my complete, FREE articlewith all the details… Do you operate your business as a proprietorship or a single-member LLC taxed as a proprietorship (think Form 1040, Schedule C business)? If you do, you should read and save my new article right now. The reason is simple. I’ll give you fourteen totally legal strategies you can use to slash your tax bill and … [Read more...]