The Dental Boardroom
129: Kids on Payroll – A Tax & College Funding Strategy Part 2
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What it is about
In this episode of the Dental Boardroom Podcast, host Wes Read, CPA and financial advisor at Practice CFO, continues the discussion on putting your kids on payroll as a smart tax and wealth-building strategy. This time, he dives deeper into how to maximize the benefits by pairing payroll with 529 education savings accounts and Roth IRAs. Key Takeaways: Shifting income for tax savings: - Move income from a higher…
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