SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax Deductions
Business:Entrepreneurship
In this episode, we dive into a smart way to save on taxes by paying your kids for legitimate work in your business. Learn the right and wrong ways to do this, from tracking their hours to giving them age-appropriate tasks.
We’ll cover everything from simple chores like taking out the trash to more skilled work like video editing. Discover how to make sure you're following IRS rules so you can avoid penalties and get the most tax benefits. Plus, get tips on how to find the right pay rates and set your kids up for success.
Tune in to learn how to save money and teach your kids valuable skills!
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
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