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Pamela Avraham's Blog – September 2017 Archive (1)
Should I pay my Child Wages?
Your child probably knows a lot more about technology—from designing a website to posting on social media—than you ever will. At many family businesses, Junior may already be helping with a variety of digital and other tasks.
Have you considered paying your kids for their work? Besides motivating them, putting kid(s) on the payroll is an attractive way to transfer assets to them while saving taxes. You might be able to help them fund their college costs or purchase a home…
ContinueAdded by Pamela Avraham on September 14, 2017 at 2:11pm — No Comments
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