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Fund your kids college

Discussion in 'Business Operations' started by humble1, Mar 13, 2009.

  1. humble1

    humble1 LawnSite Silver Member
    from MA
    Posts: 2,499

    I went to a seminar the other day. One of the things the accountant said was if you have kids 10 years on, have them work for you p/t in the office , folding etc. If you pay them $5000 a year they dont pay taxes and you get the write off for your buisness, this is a great way to give them money for college. :usflag:

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