Up HackHire Your Kid Tax StrategyBy Duke Alexander Moore
In a Nutshell
Hire your kid to work for you — you get the write-off, and your kid does not have to report the income.
Favorite Quote
The IRS made a shocking announcement that starting in 2023, you could pay your kid up to $13,850 tax-free and even write it off on your taxes.
Duke Alexander Moore, EA
Introduction
Book author and tax expert Duke Alexander Moore, EA, has been featured in 14+ media outlets, such as Good Morning America, Forbes, and CNN, teaching the world about taxes.
He is most famous for his 'hire your kid' tax strategy, which entrepreneurs with kids may be able to take advantage of.
If you don't know about the strategy yet, this Hack will teach you how to use it yourself.
Here are the 3 key insights from this Hack
- 1.Check your state laws before hiring your kid
- 2.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc volutpat, leo ut.
- 3.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc volutpat, leo ut.
To see the rest,Download the app