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How Hiring Your Child Can Save You Taxes — and Build Their Future

How Hiring Your Child Can Save You Taxes — and Build Their Future

by Naz Nasseri | Jun 9, 2025 | blog, Individual Tax

If you own a sole proprietorship or a single-member LLC taxed as a sole proprietorship, hiring your child can be a smart way to reduce your taxes and a powerful financial gift for their future. When you hire your child to perform legitimate work for your business:...
When are you considered a Household Employer? 2025 Update

When are you considered a Household Employer? 2025 Update

by Sara Raby | Jun 3, 2025 | blog, Individual Tax

In today’s world it is common to have domestic help; from gardeners and housekeepers to nannies and home health care assistance.  The question is, when does this situation turn into an employer and employee relationship and what are the filing requirements and...

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