Learning Library Quick Answers Tax Planning |
Scenario: How soon should families set up a situation where the child can avoid the kiddie tax? Answer: It is never too early to ....
Scenario:Client is going through divorce and is filing jointly.How do you prorate the tuition and fees deduction? Answer: Give mom....
Scenario: A client hires a child as an employee and provides the child with a vehicle as an employee benefit. The client deducts t....
Scenario: A client is divorced with one child and income is below $50,000 even with child support.How does child support affect a ....
Answer: Since there is no specific guidance here, my interpretation is that there would be no income recognition for FAFSA or Prof....