08/04/2026
Paying your kids to work in your business is a real deduction, not a loophole.
The work has to be real. The pay has to be reasonable. Run it through payroll and keep records, same as any other employee.
Do it right and your business gets to deduct the expense and your kid will incur no taxes.
Structure matters on the payroll tax side. That is where a lot of coffee shop talk gets it wrong.
Kassidy walks through the rules in this month's article. Link on the Insights page at swansonmt.com.
Clear Thinking. Straight Talk.
