[extropy-chat] change of topic
MB
mbb386 at main.nc.us
Wed Jan 12 21:00:36 UTC 2005
Yes, this is so. But the "reasonably capable" is not necessarily what
you might think.
As for having the kids working at the family business, been there,
done that. :)
Regards,
MB
On Wed, 12 Jan 2005, Kevin Freels wrote:
> >
> > Putting little ones to work with us ASAP is fine, however our friendly
> > government is kinda frowning on that nowadays. It is, IMO, part of
> > parenting, training the young to work, to be contributing parts of the
> > family, to be personally responsible.
>
> Did you know that a self-employed person may employ their own children as
> long as they are at any age where thay can be reasonably be bapable of
> performing the tasks? They are exempt from minimum wage laws as well. You
> still get to write off their pay as payroll and they have to file taxes on
> that income as with any other employer. This gives a nice little tax
> advantage if you are self-employed and have many children. :-)
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