Put Your Kids to Work in Your Baby Boomer Business
Hiring your children is a good way to help your Baby Boomer business:
You can get some needed part-time jobs done that it would be difficult to hire someone else to do
You can save on taxes
Your child can spend the money or build up money in a college fund.
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If you have children between 7 and 18, you can hire them to do necessary and useful work in your business and you can save money on business and personal taxes. Notice I highlighted “necessary and useful.” The work they do has to be of benefit to your …read more
