Are There Tax Benefits From Paying Your Children To Work In Your Business? (Tax Tuesday Question)

 Published On Mar 29, 2024

Learn how to get the maximum tax-saving benefits from paying your child to work for the family business.

In this video, we will break down the complexities of having your child work for your business. We’ll show you how to pay them well—based on your entity type. From the age requirements to custodial bank accounts, Roth IRAs, or how to save $5K in taxes, everything you need to know is here.

Never let the IRS take a chunk of your money that is rightfully yours to keep! Subscribe now and put yourself in the driver’s seat come tax time.

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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

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