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cover of episode 15 \\ Paying Your Kids: Last Minute Tax Deduction for Busy Entrepreneurs

15 \\ Paying Your Kids: Last Minute Tax Deduction for Busy Entrepreneurs

2022/12/21
logo of podcast SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax Deductions

SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax Deductions

Shownotes Transcript

Hey Friend!  Are you a small business owner that thinks they're paying too much in tax every year?  Have you heard that paying your kids can be a good strategy to reduce your taxes, but you're not sure how to do it?

Today I'm sharing exactly how this strategy works and two options that allow you to pay your children for working inside of your business, which will reduce your taxes this year.  This is a must listen episode and one you'll want to share with your entrepreneur friends.

Enjoy!

Tiffany

 

Next Steps:

☎️ Find out how much you're overpaying in taxes every year!  Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/)

📧 Contact Me --> [email protected] 

📲 Follow me on IG @ the.tiffany.p.cpa