Did you know hiring your children can be a Tax Strategy?
Do you own a business?
This one strategy saved my client over $3000 in Taxes and funded their children’s college fund.
Tax Strategy: Hiring Children (and Grandparents)
Sole-proprietors and spousal partnerships can pay children up to $12,000 without incurring any tax neither income nor payroll for legitimate services rendered to the business. S and C corporations and non-spousal partnerships can also take advantage of this strategy. And YES! There are even more Tax Strategies that can work for you. Contact me for a complimentary consultation.
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