How to Pay Your Kids

Download our Guide to Paying Your Kids Through Your Business

Discover how hiring your children can be a smart tax-saving strategy and a way to teach them valuable financial skills. Our comprehensive guide walks you through the steps to legally and effectively pay your kids for work done in your business.

Learn the key eligibility criteria, documentation requirements, and tax advantages of this strategy. Plus, explore tips on reasonable compensation, setting up retirement savings like Roth IRAs, and even creating a family management company.

With checklists, sample agreements, and practical examples, this guide is your go-to resource for maximizing tax benefits while building your family’s financial future.

As always, consult a tax professional to ensure compliance with IRS regulations.