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What are the benefits of hiring your children vs contracting them out?

In: Jobs, Labor and Employment Law, Income Taxes, Hiring and Retention [Edit categories]

Answer:

Your children??? Ok, well if you hire a self contracted person, you dont usually have them on pay roll and they cant get benefits from your buisness, pretty much you create a contract for them to sign to that specifies what their duties are and everything along any lines of their working things. You also should pay them immediatly following the end of their work.

First answer by Bratboy90. Last edit by Bratboy90. Contributor trust: 2 [recommend contributor ]. Question popularity: 1 [recommend question].

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