👶 Hire your kids to save on taxes!
1.6M viewsover 1 year ago0m 48sScore: 75
Sean Pan
Summary
This video explains the tax benefits of hiring your children in your business. By hiring your children as models for presentations and ads, you can deduct their salary, and they can receive that money tax-free if it falls under the standard deduction limit. This strategy keeps money within the family instead of paying it to the IRS.
