Yes, you can hire your kids and deduct what you pay them. AND it's tax FREE to them.
Believe it or not, you can hire your kids as EMPLOYEES (not contractors).
Not only do you score a deduction for their wages, but they are exempt from payroll taxes too!
Watch this videos to learn more about the benefits.
For more FREE tax resources to get your business in order, check out: linktr.ee/notyourdadscpa
LINK IN BIO!
#deductions #1099 #1099k #1099nec #taxtips #2023taxseason #taxdeductiontips #businessexpenses #IRSguidelines #taxeducation #financialadvice #onlinebusinessowners #videoproductiontips #productphotography #taxqueries #entrepreneurquestions #smallbusinesssupport #accountingforsellers #financialawareness #taxplanning
20 фев 2024
