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Ep #132: The 1099 Earner’s Gift That Keeps on Giving: Paying Your Kids
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If you’ve listened to prior episodes, you’ve likely heard us talk about the benefits of having 1099 income. One benefit, in particular, is often overlooked and really takes the cake as the most special for those with children. An immediate deduction for you, savings for them, all while keeping it in the family? It’s too good not to take advantage of and every ER doc with kids should seriously consider earning at least some 1099 if only to just take advantage of this opportunity.
In today’s episode, we’ll discuss this strategy, go over the tangible real dollar benefits you can reasonably expect, and how to avoid pitfalls when implementing.
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