Make Summer Camp Tax Deductible. Hire Your Kid's!

Do your kids constantly complain that they are bored? Well, why not put them to work for your business. Yes, you can legally hire your children who are under 18 years old. This week Jeff Trapp, the founder of The Tax Planning Pros and father of five boys, discusses the tax strategies you can tap into to put your minor children on payroll.  Discover why this can be a great tax strategy, and how it can help you reduce your taxes while providing a great opportunity for your children.  Enjoying these tax tips? Check out our tax savings master course. Get 75% off with the discount code PODCAST2022 when you sign up at https://www.taxsavingsmastercourse.com/ The Jeff Trapp podcast is sponsored by The Tax Planning Pros which helps entrepreneurs save $15K-$100K plus each year on taxes and create additional cash flow! For more information visit https://thetaxplanningpros.com/