The One-Life Game Plan™ Podcast

Children on Payroll


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You can legitimately hire your children, pay them, and take a full tax deduction for that amount.

The key is it has to be reasonable based on the facts and circumstances.

You have some leeway here, but you should get a job description for the client or the child, and the amount you pay needs to be reasonable based on the work provided.

We've seen clients hire their children to clean up offices/job sites, and we've even had some people who have paid their kids as actors to be in corporate videos and other print advertisements pyramid.

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The One-Life Game Plan™ PodcastBy Harry Plack