My sister’s daughters get some kind of financial aid from their universities. My sister is considering starting a new business but she is concerned that the records of her owning a new business(with the Tax ID and income records) will make her daughters not qualified for their financial aids.
Pleas give suggestion of sources of facts that we can look into.
This conversation was published at Accounting Services of Charlotte, NC
My parents make around 50K a year and they own a small business. They said that they combine our business and personal taxes. They think there is no way I’ll qualify for any federal aid for college. The business makes over 250K a year if that helps.
This conversation was published at Accounting Services of Charlotte, NC
