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How to get a tax write-off for giving money to your kids 

Earn Your Leisure
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6 окт 2024

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Комментарии : 34   
@richhands5269
@richhands5269 Год назад
My favorite Finance channels: Earn Your Leisure, Stock Brotha, & Wallstreet Trapper. Make my week complete!
@browndamon
@browndamon Год назад
Fantastic clip. Here’s to generational wealth 🥂
@luxurytaxprep
@luxurytaxprep Год назад
Pleaseeeee open up 2 tickets for the la show this weekend 😫😫
@qbee317
@qbee317 Год назад
If mom and dad have a business; can both parents employ the child or is it better to allow one to claim them as an employee?
@aaronwhite5272
@aaronwhite5272 Год назад
I use this, my babies help daddy do the bag drop!
@janmarine2193
@janmarine2193 Год назад
I can tell this person has never been audited . Stop listening to people who tell you that a 12 year old can earn 12,500 of tax free money. Tell me what State legally allows a 12 year old to work? The IRS follows state laws
@Reasoncanrap
@Reasoncanrap Год назад
This is a gem
@MrTcollins89
@MrTcollins89 Год назад
Teach your children your business, or they will have to figure it out in probate court 😔🙏
@coupe_dville
@coupe_dville Год назад
Great information. 💜💛💜💛
@CME843
@CME843 Год назад
Ok so the minimum age is 7. What’s the oldest your child can be?
@muhammed_mmk5954
@muhammed_mmk5954 Год назад
Trust worthy✅
@Cfeldersproduction007
@Cfeldersproduction007 Год назад
Thank you brothers for this information 💯💪🏿
@hizstory1813
@hizstory1813 Год назад
cool and practical channel. I'm subscribing. thanks
@omeryusufavcı
@omeryusufavcı Год назад
That's great news. Lithosphere is the next-generation network for cross-chain applications powered by AI
@zawondralee
@zawondralee Год назад
Can this work for employing your grandchildren or your Godchild?
@BeforeYouGoPro
@BeforeYouGoPro Год назад
2 Questions. If you and your wife are business owners, can the child work in both businesses? Also, is there an age when this cuts off. Does this apply to college age kids?
@luxurytaxprep
@luxurytaxprep Год назад
Yes, but the child has to make less than $12,950 between both businss for 2022. If you pay them more, add the kid as a shareholder/partner depending on structure and offset the overage with applicable expenses.
@BeforeYouGoPro
@BeforeYouGoPro Год назад
@@luxurytaxprep thanks for the response. Does the age of the child matter. Could my college kid count for this?
@luxurytaxprep
@luxurytaxprep Год назад
@@BeforeYouGoPro yes. I just did this for a client yesterday. If over 18, They'll report the income as self employed income and then you can offset the income with applicable expenses.
@BeforeYouGoPro
@BeforeYouGoPro Год назад
@@luxurytaxprep Thanks tremendously!
@redeemed5048
@redeemed5048 Год назад
Can you walk me thru getting a Roth IRA.
@BBoldGaming
@BBoldGaming Год назад
Sold .. go figure im doing that
@Juarez816
@Juarez816 Год назад
🎧👏💯
@snapcorpusa5568
@snapcorpusa5568 Год назад
👂🏾
@claudiaclaudia936
@claudiaclaudia936 Год назад
Jewish people do this all the time....keep it in the FAMILY
@rizalsariolpriansyah5460
@rizalsariolpriansyah5460 Год назад
Yes #Lithosphere Legit✅
@7LLLLLL
@7LLLLLL Год назад
Joe and Hunter business in the n.Ukrain... LMAO tax free
@lesediii4385
@lesediii4385 Год назад
I live #Lithosphere over #dogecoin
@tomsosnoff4671
@tomsosnoff4671 Год назад
***This past few days watching my crypto portfolio decline is very disheartening. Holding doesn't really profit much. Any idea on how to earn better in the short run?***
@j.r.6627
@j.r.6627 Год назад
WHERES THE INFOGRAPHIC AND/OR RESOURCES DATABASE for us to practice and learn? I was hoping for more information as opposed to watching you all talk in circles
@andrejackson2879
@andrejackson2879 Год назад
$LITHO this is such great news!Congrats on the launch and good luck for future endeavors!!
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