A man says he was voluntarily paying his childβs mother $300 a week, but after asking for just two months to get back on his feet financially, she filed for child support and the court ultimately ordered him to pay only $13 a month.
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Tax expert says parents can write off $15,750 by putting their own kids on payroll
"Put them on payroll, you can pay your child up to $15,750 without your child needing to file a tax return"
"Thatβs a $15,750 deduction"
"Then from the $15,750, you can take $6,000 and stuff it into the Roth IRA, and that money is growing tax free"