by Steven J Weil, PhD, EA, LCAM | Jun 10, 2023 | Blog, Business Tax, Personal Tax
Lowering your taxes is a lot like eating an elephant, it’s done in lots of small bites. What you can do depends on how much income you have and the sources of that income. If you are an employee on a W2 and your employer offers a retirement plan like a 401K or a...
by Steven J Weil, PhD, EA, LCAM | Dec 19, 2022 | Blog
Hiring the kids moves income from being taxed at your tax bracket to being taxed at theirs which could be as low as zero percent. While this method of moving income from your tax bracket to that of your children, or even grandchildren, is perfectly legal, it does...
