How to Hire Your Kids to Save on Taxes!

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Would you ever consider hiring your kids in your business?

Perhaps you should! There are major tax benefits to doing this.

Most notably, you get to shift part of your income to your kids who are in a lower tax bracket. Therefore you pay less tax and they pay ZERO tax on their income.

But there is a proper way to do this and in this video, I will discuss how.

Outline:
Intro: (0:00)
Benefits of hiring your kids: (1:31)
S and C corp strategy to hiring kids: (3:38)
Family Management Company strategy: (3:53)
Rules and steps to hire your kids: (4:46)

Watch this next: "Family LLC Management Company" [ Ссылка ]

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

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