09/16/2026
Hiring Your Kids (Yes, Really)
One of the most underused tax strategies for family-owned businesses? Putting your kids on payroll.
If your children are doing legitimate work in your business- filing, social media, cleanup, admin- paying them a reasonable wage can be a smart, IRS-compliant strategy that shifts income into a lower tax bracket, teaches real financial responsibility, and can even fund a Roth IRA in their name.
It has to be done correctly: real work, reasonable pay, proper documentation, but for the right business, it's a strategy that pays off for years.
Curious if this could work for your business? This is exactly the kind of thing that has to be planned before the year ends, not after.