The minimum age for hiring a child is just seven years old. That lets you get started saving early, and even help give them good work habits. They can earn up to the standard deduction amount for a single taxpayer without paying any income tax at all.
And earned income isn't subject to the dreaded "Kiddie Tax." We can help you determine how to pay your child, how to document it, and even where to put the money once you've paid them.
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