J&J Financial Enterprise

Our Services

We’ll help you apply for all the tax IDs and forms you need.

We’ll help you decide what the best organization is for you.

Plan for your taxes before your business is off the ground.

We’ll teach your company how to accurately keep records.

3841 Holcomb Bridge Road,
Norcross GA 30092

Three More Answers on “Paying for College—A Handy-Dandy Strategy”
In Paying for College—a Handy-Dandy Strategy, you learned that you could pay your college student, for example, $23,255 for a one-time job that was not subject to self-employment taxes. With this strategy, you deducted the $23,255 and your child paid $1,028 in 2021 taxes.1 This is terrific, but you might ask: 2. Since the $23,255 is… Read more: Three More Answers on “Paying for College—A Handy-Dandy Strategy”
Paying for College—a Handy-Dandy Strategy
As you likely know, at this website there are about 40 articles with some discussion of your business hiring your children as W-2 employees. The hire-your-child strategy works best for the Schedule C proprietorship because when the proprietor hires his or her under-age-18 child, the tax code exempts both the child and the proprietorship from… Read more: Paying for College—a Handy-Dandy Strategy