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Blood, Sweat & BusinessAuthor: Kaizen CPAs
Blood, Sweat & Business shares real stories from small business ownersraw conversations packed with hard-earned lessons and insights from the trenches of entrepreneurship. Youll hear from the people doing the workrunning shops, leading teams, and making the tough calls every day. Alongside these deep-dive episodes, Kaizen Time delivers short, focused insights on small business finance, tax planning, and strategyto help you make sharper decisions, faster. Same feed, two formats. Real stories. Real advice. Real impact. Subscribe for practical insights to help you run a stronger businessone episode at a time. Explore free tools and resources at kaizencpas.com/resource-center Language: en-us Genres: Business, Entrepreneurship, Management Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
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How to Employ and Pay Your Children at Your Business
Thursday, 11 December, 2025
This episode offers valuable financial advice for small business owners who want to employ their children, focusing on the significant tax advantages and the opportunity to instill an entrepreneurial spirit. We explain how a child employee, especially within a sole proprietorship or qualifying partnership, can earn income up to the standard deduction (around $15,000) virtually tax-free at the federal level, presenting an excellent opportunity to fund a Roth IRA and gain the long-term benefit of compounding. Crucially, the discussion covers the legal necessity of providing age-appropriate work, maintaining detailed employee documentation for accounting services and compliance, and treating the child like a bona fide employee to ensure all tax savings are secured properly.Subscribe for more valuable insights to help your small business thrive.💼💰 Kaizen CPAs + Advisors: https://www.kaizencpas.comSend us an email: bsb@kaizencpas.com #SmallBusiness #TaxSeasonTips #FinancialPlanning #futureofwork🎙️ Kaizen Time is part of the Blood, Sweat & Business podcast series by Kaizen CPAs + Advisors. We help small business owners make smarter financial decisions—without the fluff. 🔗 Learn more: kaizencpas.com 📧 Contact: bsb@kaizencpas.com 📲 Follow us on LinkedIn, Facebook & Instagram 📅 Book a discovery call #smallbusiness #kaizentimepodcast #accounting #taxplanning #businessstrategy
