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Round Table | How to Pay Less Taxes to the IRS: Case Studies

The Wealth Without Wall Street Podcast

CHAPTER

Strategies for Teaching Financial Literacy to Children

The chapter explores innovative ways to involve children in business activities to instill financial responsibility and leverage tax benefits. It discusses tasks children can undertake, attaching specific dollar amounts to each task to teach the value of earning money. Furthermore, it delves into tax implications, upgrading entities for better tax management, using technology for financial literacy, and the benefits of real estate investment and depreciation deductions for tax savings.

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