Hey, small business owners! Did you know you can hire your kids and save on taxes? It’s true! By structuring your business properly, you can put your kids on the payroll and they can use their earnings for their own expenses like clothes, recreation, private education and more. Best part? Not only do you get to control the money, but as long as you keep their pay under the IRS threshold, they won't need to file a tax return!
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Check out my full video: 'Hire Your Kids and Save Big! The Tax Secrets They Don't Tell You:
• Hire Your Kids & Save Big: The Tax Se...
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Disclaimer:
This video is for informational purposes and is not intended as professional advice. Consult with professionals as needed for your specific situation.
tax benefits of hiring children
small business tax strategies
paying kids to work in family business
IRS rules for hiring
Coach Ktasha (Tasha)