Sole Proprietorships, Single Member LLCs, and Partnerships where both partners are parents of the minor child have a great Tax Advantage…
Hiring their kids!
If you have a minor child ages 7-17, you can hire them to work in the family business. They earn some cash, learn work ethic, and valuable job skills, and YOU get the write-off!
Grab your Minor Child Employment Kit to dot your I’s and cross your T’s! Grab your copy now and start reducing your taxable income up to $12,000 per year!