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College and University Discussion
Reply to "do I get to deduct any of this college tuition off my taxes?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Get your company to pay you as a 1099 and Start an llc for your family! I don’t know if it’s legal but I thought about doing it for youth travel sports expenses. lol.[/quote] how does this help?[/quote] DP. I think he is saying you can pay a certain amount (I think like $12K) per kid before tax as working for the family business. Any business related travel like attending a business related conference is also deductible. And continue to salami slice it till you get to $100K. Straight up - capped at I think $7500 per kid. [/quote]
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