I just took the CRS wealth builing course this week.
I was interested in the before tax and after tax portion of the course. For instance, when we buy a bottle of water for $2. We have to earn $3 to pay for it (after tax.)
My childen do not get an allowance. Instead they are on my payroll. Yes, they do chores, but they do not get paid for these. They get paid for working for me. My ten year old even has his own stamp. This says "lovingly stuffed and stamped by David Wheeler, age 10."
As strange as this sounds, what I am about to say is true. I get CALLS and responses on my paperwork because of this stamp. Everyone should get one.
About pretax dollars, because my children are on my payroll, we can deduct their work as an expense.
Last, are there agents out that who pay for insurance as part of the business? Are you paying this pre-tax as a business expense or after tax? If you are paying after tax, then you should email me.