1: Open Forum Tax and Legal Questions
Main Street Business
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Paying for College
Gulf: When you're saving for kids college, I really use a three-prong approach. He says choosing a tax deferred strategy is better than buying savings bonds or UGMA accounts. Gulf: In the publishing business, you're going to have self-employment income. So we've got to look at what your overall income is and maybe convert that publishing company into an S-Corp.
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