Search Help

Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
December 2011

Word Count:



IRS Now Says No Payroll Taxes on Family Employment in a Single-Member LLC

Oops! That’s what the IRS says about its regulation that required corporate payroll tax treatment for single-member LLCs after December 31, 2008.1


In their confessions, the IRS and the Treasury Department admit that they did not intend to eliminate the pre-2009 single-member LLC tax breaks that applied to family employment, such as the favorable avoidance of FICA, Medicare, and unemployment taxes when a parent hires his or her child.


The Family Employment Tax Break


Under the family employment rules, when a parent hires ... Log in to view full article.

Log in to view full article
Already a subscriber?
Email Address


Log In

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
with a money-back guarantee