Mark Kohler, a licensed attorney and CPA, responds to criticism about tax strategies for business owners. He defends putting your kids on payroll as a legitimate tax deduction and challenges the tax attorney who disputed his advice to contact him directly.
Okay, I want to respond to the next comment. This is good. My tax attorney disapproved of this nonsense. It's not legit. Who the hell is your tax attorney? Are you kidding me? You see his plaques behind my desk here that are completely legit. Licensed in multiple states as a lawyer, a cpa. I've worked for major firms. I maintain my ce. You tell your freaking tax lawyer to call me. I'm not kidding. I teach over a thousand advisors this year alone on tax strategies that are legit and honest. I teach ce. And if you're a tax attorney and let me get this straight, I have a business. I own a restaurant. I have my kids weigh tables and clean and sweep up the floor. I can't pay them. I shouldn't pay them and then not take our tax write off for that? What in the freak do you think I was saying in my video? Just pay your kids for washing dishes at home? Hell no. If you own a business, put your kids on the freaking payroll, teach them how to work and take a write off. And you tell your tax attorney to call me and get a real license and I'll teach them some ce. And I'm not kidding.
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