<p>I<br />

Everyday<br />

Money Managem<br />

Run Personal Finances ~nd hired their three child~<br />

12&iuml;&frac14;&OElig; to work therc. The chi<br />

Like a Business grounds&iuml;&frac14;&OElig; did landscaping<br />

the swimming pool&iuml;&frac14;&OElig; answer<br />

Most executives neglect their personal minor repair work. The ta<br />

finances because they arc too busy with their over $17&iuml;&frac14;&OElig;000 that they pa<br />

iobs or busincsscs. That s a serious mistake&iuml;&frac14;&OElig; during a three-year pcri<br />

Stay alert for opportunities to save and profit: objected&iuml;&frac14;&OElig; and the case wc<br />

Pension plans. Business owners and the self- decision: Over $15&iuml;&frac14;&OElig;000 ()1<br />

cmploycd can takc advantage of special pen- approved. Most of the de(<br />

sion options open to them. If you are making disallowed were attributabl<br />

$11)l)&iuml;&frac14;&OElig;000 a ycar&iuml;&frac14;&OElig; you could easily put away But even $4&iuml;&frac14;&OElig;000 of his<br />

$30&iuml;&frac14;&OElig;000 prc-tax into a defined benefit pension proved by the court.<br />

plan. Greater earnings may justify even larger Ke}~: The children actu:<br />

contrihutions. Compounding tax-free dollars work for which they were 1<br />

gives an enormous investment edge. was necessary for the busi~<br />

A favorite tax-planning tactic is to have a demonstrated that if thole<br />

min{~r -i-:ild work fl)r the family-owned busi- done the work&iuml;&frac14;&OElig; they woul<br />

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