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  • About Us
    • Managing Partner
    • Brochures
  • Clients
  • Entrepreneurs
  • Lifecycle
    • GAP Planning
    • Selling Versus a Family Succession
  • Services
    • Managed Accounting
    • Tax
    • Financial Reporting
    • Exit & Succession Planning
    • Restaurant & Hospitality Support
  • Careers
  • What’s Hot
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Putting your child on your business’s payroll for the summer may make more tax sense than ever

NewsBy Jeff LuckeMay 31, 2018

For business owners with kids in high school or college, hiring them for the summer can provide many benefits. One is tax savings. By shifting business income to a child as wages for services performed, you can turn high-taxed income into tax-free or low-taxed income. The Tax Cuts and Jobs Act’s near doubling of the…

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