Tax Advantages of Hiring Your Child

April 20, 2023

Hello Richard,

Spring is here and with it comes a feeling of renewal. This is the perfect time to take a look at your business with fresh eyes and take stock of what is working well and what can be improved.

The SKP team is here to discuss tax planning ideas for the balance of 2023 and beyond. This will help you make calculated decisions to lower your taxes and provide a good estimate of your tax liability.

There are many other ways we can help you and your business, and we look forward to collaborating with you to help you reach your goals.

Thank you.

Rich Pavano, CPA

Tax Advantages of Hiring Your Child

Summer is around the corner so you may be thinking about hiring young people at your small business. At the same time, you may have children looking to earn extra spending money. You can save family income and payroll taxes by putting your child on the payroll. It’s a win-win!

Read our blog post for four tax advantages of hiring your child this summer.

Learn More

2023 Q2 Tax Deadlines for Businesses

Check out our blog post for some of the 2023 Q2 tax deadlines for businesses and other employers. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you.

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