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May 20, 2024 | read

How Paying Your Children can Save You BIG Tax Dollars [Tax Smart Daily 041]

Brandon Hall

You can obtain significant tax savings by employing your children to work in your business. Learn more in this video.

Listen in to learn:

  • How paying your children saves you big money in taxes
  • The standard deduction of $12,550
  • What makes you eligible to pay your children
  • What taxes you can avoid
  • The things you should be aware of before hiring your children

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