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Dec 28, 2024
10:25:31am
kosmokramer All-American
What are the rules for paying your child through your business?
I have a small business that's got about 10 employees my 13-year-old daughter works for me there sometimes. Does it make sense to put her on payroll? I usually just pay her with my after tax money, but thinking it might make more sense to just include her on a regular payroll. Even for some of her allowance and other stuff we spend money on. How would that affect us come next time?
kosmokramer
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kosmokramer
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Jan 3, 2013
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Dec 28, 2024
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