Saturday, June 23, 2007

Pay Your Children to Work for You with the Blessing of the IRS

Save on Taxes by Hiring Your Children You've heard that you can't have your cake and eat it, too. But hiring your own family is one case when you can. Pay your minor or adult children to work for your business, then write it off as an expense. Many people are confused about whether it's legal to hire their children and grandchildren.



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