Article Date:
September 2016

Word Count:



Q&A: Hiring Your Dependent Children



I recently signed up for your newsletters and am really enjoying them. At the moment, I’m focused on the few discussions on hiring your kids and the tax advantages of doing that, such as no payroll taxes when the sole proprietor hires his or her children under the age of 18 and the ability for the working children to contribute to regular or Roth IRAs.


Are there rules on substantiating a reasonable pay for their services or can you arbitrarily pay them any amount regardless of how much (if any) work they actually do for you? ... Log in to view full article.

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


Log In Send me my password

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