There are several types of tax entities. Ensuring you’re correctly structured to pay the minimum taxes when employing your kids is key.

There are several forms you’ll need to ensure your child is properly setup as a legal employee of your business.

Employing your children allows them to have qualifying earned income to fund a Roth IRA. This is a fantastic option to give them a head start on saving for retirement.

Finding business tasks for your children can often start with reviewing what chores they do. See if any of their current tasks and skills can apply to your business.

Building work ethic is huge. Cultivating this in your chilren creates a unique skill that many children won’t learn until they’re adults.