2 MINUTE TAKEAWAY - How your Kids Can Learn While They Earn

<p>The amount to remember...$12,500. Disclaimer: Be sure to check with your own tax professional. However, a great way to help your kids get a jump start on earning money, saving, and investing is to put them on payroll with your business. Currently, they can earn up to $12,500 tax free from their family&#39;s business. Now they do need to actually work and ideally have a job description. They will start paying into Social Security and Medicare; thus, hopefully making their earned benefits there even larger down the road. Take a quick listen. </p> --- Send in a voice message: https://podcasters.spotify.com/pod/show/becomeyourownboss/message Support this podcast: <a href="https://podcasters.spotify.com/pod/show/becomeyourownboss/support" rel="payment">https://podcasters.spotify.com/pod/show/becomeyourownboss/support</a>