πŸŽ‰A Win-Win Solution: Tax-Free Education Benefits for Your Child-Employees πŸŽ“ - Palma Financial

As a business owner, did you know that you can provide your child employees withΒ tax-free education benefitsΒ and gain tax deductions for your business? πŸ€”πŸ’ΌπŸ’°

That’s right! πŸ’―

Offering education fringe benefits can help your child get the education they need to do the job or comply with a law or regulation while reducing your business taxes. πŸ“šπŸ‘¨β€πŸŽ“πŸ‘©β€πŸŽ“πŸ’Έ

Our experts can guide you on giving your child-employee tax-free working condition fringe benefit payments for certain courses, such as accounting courses for an employee-child with an accounting job, and how MBA programs can qualify as work-related education.πŸ‘¨β€πŸ’ΌπŸ‘©β€πŸ’ΌπŸŽ“πŸ’Ό

Plus,Β if your child is 21 or older, the Section 127 plan can offer up to $5,250 in tax-free education benefits.Β πŸ’°πŸŽ“πŸ€‘

Don’t miss out on this opportunity to invest in your child’s education and your business’s financial future.Β Book a tax assessment with us todayΒ to learn more. πŸ“…πŸ“žπŸ’»