Business Blue Print

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

  • Complete the 7 Step Blueprint

  • Make sure your child completes a W4

  • 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.

  • Depending on your state, you may need form 944 or 941, but it will not be time consuming!

  • A bank account for your child, and make sure checks are deposited there!

Part 15: Links to Document Portal and Workbook

Link to Document Portal

How to Hire Your Child Workbook

7 Step Blueprint to
Hire Your Child