GG-88
Level 1
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@Opus 17 I am paying the CA minimum wage. Would this be any issue employing and having paid training to my kids? Same if I would hire outside employees, I’d pr...
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What the best approach between paying my spouse who help out part time (20%) via 1099 or adding my spouse to my LLC and filing two schedule C. Which approach wo...
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Regarding this part: "business profits $40,000-$60,000 before paying the kids. If your wife pays the kids $24,000, that leaves $16,000-$36,000 for your wife. If...
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Do I need to issue my child a W2? Also, does my child need to report/file anything? And can they still qualify to be my dependent on my tax return?
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But what if I decided to change the title of the vehicle to my name and remove the company name? Will I incurred anything of the 5th/6th year? Not selling or tr...
Activity Feed for GG-88
- Posted Re: Yes, minor children employed by their parents are exempt... on Deductions & credits. April 12, 2023 1:19 AM
- Posted Re: Single Member LLC vs Multi Member LLC to add spouse on Get your taxes done using TurboTax. April 11, 2023 12:03 AM
- Posted Re: Yes, minor children employed by their parents are exempt... on Deductions & credits. April 10, 2023 11:45 PM
- Posted Re: Single Member LLC paying minor child to help out with business on Deductions & credits. April 10, 2023 11:01 PM
- Posted Single Member LLC vs Multi Member LLC to add spouse on Get your taxes done using TurboTax. March 31, 2023 7:45 PM
- Posted Re: Retiring or Transferring business vehicle with Section 179 bonus depreciation taken from my L... on Deductions & credits. March 31, 2023 7:02 PM
- Posted Re: Single Member LLC paying minor child to help out with business on Deductions & credits. March 28, 2023 1:31 PM
- Posted Single Member LLC paying minor child to help out with business on Deductions & credits. March 28, 2023 1:01 PM
- Posted Retiring or Transferring business vehicle with Section 179 bonus depreciation taken from my LLC (single member) to personal use. on Deductions & credits. March 28, 2023 12:53 PM