Hire a Tax Professional
Hiring an experienced expert can make a difference. The key here though is to plan in advance! Don’t wait until the dreaded deadline each year, April 15, to start thinking about tax savings.
Payroll Tax
Hiring the Kids or Grandparents Tax Strategy
Small businesses that are not taxed as corporations can hire their kids and grandparents without incurring any federal or payroll tax for legitimate services rendered paid at market rate.