AUGUST 4, 2009 Monday

Hello Everyone,

I have been pounding the pavement and so far, No new World Changers. But I did call an accountant in Milwaukee Wisconsin and found out some interesting information. I have a 14 year old daughter and a 7 year old daughter in the business and they have their own Power Malls. Someone asked me was it Legal to have a child in the business. The answer: YES. As long as a parent oversees the child. And for TAXES. According to the Tax Accountant the IRS looks at the SS#. The Social Security numbers shows 2 things the age of the person and the State of the person. Once a certain amount of money is earned under the SS# they would have to pay taxes on that money. You can set up a Trust Fund for your child to put the money in the Trust Fund for your childs college or whatever. See your Financial Planner, Banker or Tax Accountant to find out how much money can be earned by your child in your State before they have to pay taxes on the earnings. Follow-up, Follow-Up, GO TEAM!!!