As a small business owner, have you considered hiring your children? If not, perhaps that is something you should consider. Hiring your children can help in a number of ways, including helping you to free your time for more important activities, giving your children an opportunity to gain valuable experience, AND can be an excellent way to reduce your taxes by converting non tax deductible allowances to tax deductible wages. This opportunity is available to sole proprietors, independent contractors, as well as S-Corp and C-Corp businesses.
Tax Benefits of Employing Children As … (1 comments)
Small Business Owners – Hire Your Children - Cut Your Taxes!
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