• 64. How to Pay Your Kids from Your Business to Save Money on Taxes

  • Jul 23 2024
  • Length: 41 mins
  • Podcast

64. How to Pay Your Kids from Your Business to Save Money on Taxes

  • Summary

  • Welcome to The Fit Wealth Show, have you ever wondered if adding your kids to your payroll could save you money on taxes? Is it too good to be true, is it something that the IRS frowns upon? Well stay tuned for today’s episode of the Fit Wealth Show where we talk about the ins and outs and “how to’s” for paying your kids from your business.

    • What is the purpose or goal of paying your kids from your business
    • The 3 Steps for Paying your Kids from your business
    • How to implement this as a tax strategy for your business
    • How to use the money you pay your kids
    • How to make your kids millionaires with the money they make

    Thank you for listening to the Fit Wealth Show. If you liked this episode, please be sure to subscribe and leave a review. Find me on Instagram at the @fitwealthadvisor or if you’d like to know how you can work with me directly, Visit me at fitwealthadvisors.com

    IG: Shawn @fitwealthadvisor

    IG: Amanda @thefitfinancial_

    The Fit Wealth Show is brought to you by Fit wealth advisors. Fit Wealth Advisors is an investment adviser registered under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply any level of skill or training. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation.

    Show More Show Less

What listeners say about 64. How to Pay Your Kids from Your Business to Save Money on Taxes

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.