010. Build Generational Wealth by Paying your Kids in Your Business

09/05/2022 11 min

Listen "010. Build Generational Wealth by Paying your Kids in Your Business"

Episode Synopsis

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appWelcome to the LearnLikeaCPA podcast hosted by Ryan Bakke.In this episode we're talking about paying your kids to work in your business. This is a great way to save on taxes, as well as teaching your kids work ethic and financial literacy. We go over legal requirements, upfront tax savings, ways to leverage this strategy to build generational wealth, and much more.Want me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa/⁠*None of this is meant to be specific investment advice, it's for entertainment purposes only.