Incorporating and Hiring Help

ADVANCED Class:  

Taking your business to the next level!

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  • What are the tax advantages of hiring help?

    What if you could turn your turn kid’s allowance money into a deductible business expense?  Incorporate your business to enjoy and deduct tax-free employee fringe benefits such as health insurance and company car.

    Myth:  Hiring family members will get me in trouble with the IRS.

    1. Learn significant tax advantages to hiring family (spouse, kids, etc.).
    2. Keeping payroll taxes simple. IRS rules when employing family.
    3. Tax strategies associated with incorporating (ex:  fringe benefits)
    4. Open Q&A – Ask anything from this veteran auditor of 25+ years
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