Small Business Tax Savings Podcast

The Untold Benefits of Hiring Your Kids in Your Business

11.08.2023 - By Mike Jesowshek, CPAPlay

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Send us a Text Message.Hiring one's children is an often overlooked but incredibly beneficial strategy. With IRS regulations allowing for business deductions for wages paid to those under 18, this can be an effective pre-tax spending and money-saving opportunity for parents. In this episode, we'll discuss the importance of having proper documentation in place when utilizing this strategy, as well as creative ways to use your child's skills in your business while teaching them valuable le...

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