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Q&A: Is There a Tax-Smart Way to Employ My Kids? episode artwork

EPISODE · Nov 14, 2023 · 27 MIN

Q&A: Is There a Tax-Smart Way to Employ My Kids?

from The Diana Richey Podcast · host Diana Richey, JD, CFP®

A listener asks: I have heard that you can save a lot in taxes if you have a family business and employ your kids in the business. Is this a viable strategy? If so, how does it work?This episode breaks down the family business tax deductions plus gives you two additional ways to boost tax savings. Get full access to Diana Richey, JD, CFP® at dianarichey.substack.com/subscribe

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Q&A: Is There a Tax-Smart Way to Employ My Kids?

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Frequently Asked Questions

How long is this episode of The Diana Richey Podcast?

This episode is 27 minutes long.

When was this The Diana Richey Podcast episode published?

This episode was published on November 14, 2023.

What is this episode about?

A listener asks: I have heard that you can save a lot in taxes if you have a family business and employ your kids in the business. Is this a viable strategy? If so, how does it work?This episode breaks down the family business tax deductions plus...

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