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Business Tax, Tax Planning

Hire Your Children as Employees for your Business to Save Taxes

April 2, 2024December 6, 2024Robertchild employee

You may be able to save con­sid­er­able amount of cash in the form of tax sav­ings by hir­ing your kids Your chil­dren may learn valu­able busi­ness skills that they will keep for their life­time The fed­er­al gov­ern­ment, via tax pref­er­en­tial treat­ment encour­ages
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