How to Avoid Payroll Tax for Your Children if Your Business Is an S Corp

How Much Can You Pay Your Child Tax-Free in 2020? The new tax law has increased the amount from $6,300 to $12,000. UPDATED FOR 2020 So you may want to hire your child(ren) to work in your business. And you want to do it for many good reasons: to teach them about entrepreneurship, develop a … Continue reading How to Avoid Payroll Tax for Your Children if Your Business Is an S Corp