Want to Keep More in the Family?
Here’s One of the Most Powerful Tax Strategies Business Owners Overlook:
Income shifting.
It’s not complicated. It’s just smart.
✅ Take income that would normally be taxed at your rate,
✅ Shift it to your kids—who are in a lower tax bracket.
✅ Legally reduce your entire family’s tax burden.
Here’s how:
If you own a business, you can hire your minor children—yes, legally.
They must do real work (age-appropriate, of course), but that could mean:
📸 Appearing in marketing.
📁 Stuffing envelopes.
🧮 Light admin work.
💻 Helping with content creation.
And now the good part...
In 2025, the standard deduction is $15,000.
So if you pay your child up to $15,000/year:
🟢 They pay zero income tax.
🟢 You get a deduction.
🟢 No FICA (Social Security or Medicare).
🟢 No self-employment tax.
🟢 No unemployment tax (if under 18).
Once they turn 18?
FICA applies — but income tax may still be avoided if they’re under...