Hiring Your Kids 101 how to legally pay your minor kids in your business

  • The real tax math. How income shifting from your tax bracket to your child's actually works and how you can make the most of it.  If you’re wondering if this is actually worth it for you, you’ll leave knowing!

     

  • What the IRS actually requires. Documentation, payroll setup, and the compliance piece that determines whether this holds up. You'll know exactly what a proper setup looks like before you invest another dollar. 

     

  • Entity-specific considerations. Whether you're a sole proprietor, LLC, S Corp, or C Corp affects how you structure this. I cover what applies to your situation, including when a Family Management Company is the right move (and what that actually means!)

     

  • The long-term wealth picture. Tax savings now + creating legacy for your kids…what could be better? Use the tax code to set your kids up to be able to benefit the most from compound interest over time…and make them a millionaire! 

     

Who This is For:

This masterclass is specifically for you if:

  • You run a profitable business with $100K or more in taxable income and your tax bill feels disproportionate to what you're actually keeping.

     

  • You have kids or grandkids under 18 and you've wondered whether there's a way to make their involvement in your business count for something financially.

     

  • You like your accountant but get the feeling that they aren’t proactively looking for tax-savings opportunities for you.

     

  • You're thinking about legacy for your family, not just income, and you want your business decisions to reflect that.

     

  • You’re not looking for a way to employ cheap labor. You’re looking to provide valuable lessons to your kids in a responsible and meaningful way.

     

  • This is not for you if you're just getting started, still figuring out the basics, or looking for shortcuts. This is a legitimate tax strategy for profitable business owners who want to do it right.

     

101 Jobs Your Kids can do in your business

How to save on small business taxes by hiring your kids