
Part 1: Introduction and Objective
Welcome To How To Hire Your Child
Part 2: Two Types Of Income
Part 3: How Are We Taxed?
Part 4: By Hiring Your Child
Part 5: Complexities
Part 6: WHAT IF I HAVE A SPECIFIC BUSINESS ENTITY STRUCTURE, CAN I BENEFITS
FROM HIRING MY CHILD?
Tax Per Entity
Tax law
Tax Court
Part 7: How Much Can I Pay My Child?
Part 8: What Are The Tax Savings In Hiring Your Child?
Part 9: What Can Your Child Do With Their Income?
Part 10: Tax Return Demo
Part 11: Can You Employ Your Parent or Spouse?
Part 12: Tax Examples
Part 13: Workbook and Q & A
Part 14: Child Payroll Tool Kit: What Do I Need to Hire My Child
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Complete the 7 Step Blueprint
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Make sure your child completes a W4
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Company payroll checks, or check stocks. This is preferred to show how many hours worked and is a way to legitimize the work done!. You can hire a company like Gusto, QuickBooks, or my payroll company to assist you with the forms Timesheets, Payroll forms.
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Depending on your state, you may need form 944 or 941, but it will not be time consuming!
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A bank account for your child, and make sure checks are deposited there!