Hiring Your Kids? It Might Be the Smartest Tax Move You Can Make

Hiring Your Kids? It Might Be the Smartest Tax Move You Can Make
Am I the only one who didn’t know that hiring your own kids is actually a tax-saving strategy?

Here’s how it works:
👨‍👩‍👧‍👦 You pay your children a reasonable wage for real work
💰 You deduct those wages from your taxable income
🧾 They may not owe taxes on the first $13,850 they earn (2024 threshold)
📈 That money can fund a Roth IRA—growing tax-free for life

At Insogna CPA, we help family-owned businesses across Texas:
✔️ Use strategies like this legally and effectively
✔️ Stay fully IRS-compliant
✔️ Document job roles, wages, and payments the right way
✔️ Turn family involvement into generational wealth planning

✨ So you might be wondering… is your business using every smart, legal tax strategy available to you?

📞 Let’s talk through the family-first tax strategies you might be missing: https://www.insognacpa.com

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