Great videos and excellent presentation style! 1099 or W2 for kids under 18? Also, if you pay under $14,600, should they file a tax return? If they dot file a return, can they still contribute to a Roth?
@chaunceystern16754 ай бұрын
I thought you said in a previous video that I don’t need to do W2 withholding if I pay my kid (under 18) as long as the earned below a certain threshold?
@chaunceystern16754 ай бұрын
Okay. I think you answered it at 26:20.
@robwin00724 ай бұрын
Hello, Good Morning. Mark, at 12:00, you drew a [Board] viewing on TV. It would be the starboard side of (S Corp). Question: if the LLC formation was Member-Managed and not a board of directors, can the S Corp still have a [Board]? Or does the [Board] in your diagram for (S Corp) represent an operational board of advisors, not a board of directors?
@LHong-cr8ds2 ай бұрын
Do you have tax adviser in irvine, CA?
@Bodybymilk4 ай бұрын
Does this work on a schedule f?
@amerchiro114 ай бұрын
What about paying elderly parents?
@zammy28614 ай бұрын
Hey Mark, if my neighbors kid manages my rental property can I 1099 their parent and they pay the kid with no witholding? (The kid is under 18 and does not smell like an employee)
@tonihogan3 ай бұрын
@zammy2861 yes. That's exactly how it would work.
@steveking85484 ай бұрын
"frickin" only makes your presentation less professional. Much, much, much less professional. Why does anyone think this word makes you more desirable???