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Do I have to convert to an LLC from DBA if I want to pay my children as contractors in my self-employed business?
I have read much around the topic of paying children to help with your family business. I am self-employed and conduct my consutling work as "Doing Business As." I know that I can pay and contribute to my children's retirement accounts for work that is age-appropriate such as filing, shredding, etc.
Do I have to convert to an LLC to pay my children as contracts?
May 22, 2024
9:44 AM