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Category Archives: Hiring Family
When Chores Don’t Count
There are definitely tax benefits to hiring your own children (or spouse), however, the IRS will scrutinize family child care providers who do.
Why? Because providers “may be tempted to gain a tax benefit without following the proper rules”.¹ Rules? What Rules? Continue reading
Hire Your Child or Your Husband?
According to Tom Copeland, “…the simple answer for a family child care provider is – only in a few unique situations.”
If you hire your own child who is age 18 or older or if you pay your husband to do work for your business you must treat them as an employee – and that means they pay taxes and you must withhold the right taxes, and may have to have worker’s compensation insurance.