As a parent entrepreneur, involving your kids in your business not only teaches them important life skills but can also provide tax benefits and create lasting memories. But the key to making this work is assigning age-appropriate tasks that match their capabilities. Here are some ideas for different age groups to help you get started.
As a parent entrepreneur, you might be considering hiring family members to work in your business. It’s a great way to build wealth for the entire family, but if your business is structured as an S-Corp, there are certain limitations and rules you need to follow. Understanding these limits will help you maximize tax benefits
As a parent entrepreneur, you face unique challenges that go beyond running your business—you also need to manage your family’s finances. Luckily, the IRS has several tax benefits designed to help you save money, and as a parent, you may be leaving savings on the table if you’re not using them to your advantage. Here
