Want to save tax money?

Hire your spouse.

Yes, hiring a spouse can save a ton of money for a business owner though few advisors think about employing such a technique. It is sophisticated and takes a keen knowledge of the tax code to accomplish such a measure.

If you own your own business and operate as a proprietorship or partnership (wherein your spouse is not a partner), one of the smartest tax moves you can make is hiring your spouse to work as your employee.

But the tax savings may be a mirage if you don’t pay your spouse the right way. And the…

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Tax + Finance + AI

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