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Custodial IRA for children as a small business owner
Custodial IRA for children as a small business owner Looking for input on a scenario im hearing about but in no way, shape, or form, acting on (if the IRS reads this). I have children who are young and an LLC for a small business. I heard about saving the max $6500 a year for my kids in a custodial IRA and just hiring them to do simple work that will get more advanced each year. As far as I unders...
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