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Posted on 1/11/13 at 11:01 am
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39856 posts
Posted on 1/11/13 at 11:01 am
Awhile back you mentioned something about putting children on the payroll of a small business and providing an education benefit.

Could you email me so I can ask a few questions about that?

genejr at bayou d0t net

TIA
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 1/11/13 at 1:43 pm to
LINK

Doesn't mention education, but might answer other questions. I did not know some of these.
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39856 posts
Posted on 1/11/13 at 5:09 pm to
Thanks, good info.

Poodle had some specific thoughts in a thread a few months back but I can't find it any longer.
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 1/11/13 at 10:26 pm to
I think this is the thread you were looking for. LINK
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39856 posts
Posted on 1/13/13 at 8:28 am to
That's it!

Geez, i put " private, school, tax and poodlebrain" in the search and got nothing. Thanks!
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 1/14/13 at 8:17 am to
quote:

Start a business. Hire your children. Provide you employees with education fringe benefits that qualify as non-taxable fringe benefits. The total tuition may exceed the limits allowed by law, but the excess would be income to your children, and then you could put money into retirement plans for them and other creative stuff to try and avoid taxes on the income.


LINK

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