Resource LibraryJune 10, 2024by Kisaki Fukahori
How to save taxes with your family business: tax-free payments to your kids
The federal income tax was first enacted in 1913. The tax code was relatively concise, and in these simpler times family businesses were once the backbone of the US economy. The tax code is now several million words long and requires a vast majority of people to use a tax professional in order to navigate it....