Yes, you can hire your kids in your sole proprietorship or LLC and get a legitimate tax write-off! Instead of paying for their clothes, sports, or savings directly, pay them from your business and take the deduction. As long as they’re under 18, there’s no payroll tax or FICA required.
On your Schedule C, report this under “Other Expenses” as outside labor. Done right, this strategy can save you thousands each year while teaching your kids financial responsibility.
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