Hire Your Spouse or Children
Archived series ("Inactive feed" status)
When? This feed was archived on October 02, 2024 09:05 (). Last successful fetch was on March 22, 2024 18:13 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 405006939 series 3546405
One of the advantages of operating your own business is hiring family members. However, employment tax requirements for family employees may vary from those that apply to other employees. If you are a sole proprietor or have a partnership with your spouse and your child is age 17 or younger, the IRS says you don't need to pay Social Security, Medicare, or FUTA (unemployment) tax on their wages. But you do need to withhold income tax no matter how old your child is. In this episode, we will learn why you should consider hiring your spouse of child.
My name is Jamaal “Crypto J” Solomon, founder of J.S. Tax Corporation. The goal of this podcast series to give you REAL tax advice in 7 minutes or less. You literally have no excuses!
Here is my Source Award pitch to you……
Any taxpayer out there that want to be tax savvy and want to stay a star, and don't have to worry about their tax accountant trying to be all in the tik tok videos, all on the YouTube, dancing... come to J.S. Tax Corporation!"
Let’s Go!
Looking for a new accountant? Free 20 minute consultation: https://jstaxcorp.hbportal.co/schedule/6544f8dac5128d0027c0f003
FREE weekly tax group sessions: https://pensight.com/x/jamaalsolomon/new-group-event/4ce5aeeb-0ca9-47dd-9219-e6d8fcf7dcf8
J.S. Tax Corporation's website: www.jstaxcorp.com
Help us by becoming a paid subscriber: https://www.buzzsprout.com/2287413/support
Youtube page: https://www.youtube.com/@36chambersoftaxes
Ebook: https://www.amazon.com/Good-Guys-Tax-Journey-Part-ebook/dp/B00FMGH9P6
34 episodes