by idei | Nov 27, 2024 | TaxBiz
Establishing a Roth IRA for young children is a strategic approach to fostering their financial well-being and can provide significant benefits. As of 2024, individuals under the age of 50 can contribute a maximum of $7,000 to any IRA, including Roth and traditional...
by admin | Jul 3, 2024 | TaxBiz
➡️ Small businesses hiring their own kids is a popular topic among social media influencers, but here we answer some questions to avoid misinformation about such posts. Must-Know Issues 🔹Wages can be deducted as a business expense, which can lead to significant...