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🌟 Thinking of hiring your kids for your business? Here's what you need to know! 🌱💼
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If your 12-year-old is cutting lawns, you can't pay them the same as a professional landscaper. Pay them a reasonable wage for their work and experience. 🧒🌿
Remember, your child must do actual work, and you need to pay into their account and prepare a W-2 at the end of the year. It's a great way to teach responsibility and save on taxes! 💰📄
#FamilyBusiness #SmartParenting #FinancialTips #TaxSavings
Remember, your child must do actual work, and you need to pay into their account and prepare a W-2 at the end of the year. It's a great way to teach responsibility and save on taxes! 💰📄
#FamilyBusiness #SmartParenting #FinancialTips #TaxSavings