Business education for kids - tax strategy #businesseducation #taxstrategy

Summary

This video discusses how to reduce tax liability by hiring your children and having them perform social media and photography tasks for your short-term rental business. If the children earn less than $12,000 annually, they are not required to pay taxes. Furthermore, you may be able to pay for classes and business education that could further your child's skillset to help them in their role in your business.