Hiring your children – Part II

In Part I (see this link) of this series, we discussed the savings of payroll taxes that result, in some cases, from hiring family members. As indicated in our first article, there is a little more to this than meets the eye (not surprising in tax matters).

To determine if your family member qualifies for some payroll tax savings, start with the flowchart below. Clients should check with us before implementing any payroll changes.