How to Pay Your Kids Through Your Business

Welcome to Not Your Father’s Accountant! I’m Igor Tutelman, CPA & Managing Partner of Iota Finance, here to bring you tax-saving tips without putting you to sleep. In today’s video, we’re diving into a topic every business owner and parent needs to know: How to Pay Your Kids Through Your Business.

This strategy can save you thousands in taxes and teach your kids valuable life lessons about money and work. Here's what we’ll cover:

Why paying your kids through your business can save on taxes and teach work ethic.
Key differences between paying kids under 18 vs. over 18.
How business structure (LLCs, S Corps, C Corps) affects the process.
The importance of documentation and compliance to avoid IRS trouble.
Practical examples of how to implement this strategy.
Plus, I’m offering free resources, including a detailed guide, sample contract, time tracker, and more!

If you’re a parent and business owner looking to optimize your tax strategy, this video is for you.

Free Planning Guide:
https://iota-finance.com/pay-your-kids