🧒🏻💸 Hire your kids to save on taxes! #shorts

4.6M viewsabout 3 years ago0m 55sScore: 75

Sean Pan

Pricing & Profitability
intermediate
Tax Strategy
Expenses
Profitability
Bookkeeping

Summary

This video provides a brief explanation of how business owners can save money on taxes by hiring their children. By deducting their child's salary and utilizing the child's standard deduction, business owners can reduce their tax burden and keep more money within the family.