Many people that work for family really don’t understand the tax implications. Taxes ultimately depend on the relationship and type of business. Whether you are a child working for parents or a parent working for a child, you really need to understand. Check out this link to the IRS and read the tax tip…it will give you some education when it comes to working with a family business.

https://www.irs.gov/newsroom/understanding-taxes-when-a-family-member-signs-the-paycheck

If you have further questions that we can help with, please give us a call!! 606-585-0131.

The Darlings