Question for the sole props out there: Is anyone employing their children to perform age-appropriate tasks in their solo practice? What do they do for you? Is it a huge headache? Any other downsides? I learned that sole props can pay their kids (an age-appropriate) wage without paying employer side taxes up to age 18. And that income could be directed into a Roth IRA now, while they’re young, with all that compounding potential and no other income/tax liability. Is this a real thing?

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You have this right, and props for recognizing their role must be age appropriate

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My business will start in 2025 and my children will earn a salary 👍. Their tasks will include photoshoots without showing their faces.

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Smart! Shredding, organizing files, transcribing, are some good age appropriate tasks, too (of course being logical that a 10 year old can’t necessarily transcribe but can shred, for example).

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My 14 yr son comes after school and organizes the office and/files. Next year I will probably have him do more. The money he earned, I deposited into this Roth.

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