2020 Last-Minute Year-End Tax Strategies for Marriage, Kids, and Family

If you have children under the age of 18 and you file your business tax return as a proprietorship or partnership, you can find big savings in the work your children do for your business. And if you operate as a corporation, don't neglect to hire your children; there are good savings for you there, too. Here you will discover five Year-End Tax-Deduction Strategies that apply if you are getting married or divorced, have children who did or could work in your business, and/or have situations where you give money to relatives and friends. It is important to get lawyer's help for families that are seeking for divorce 1. Put Your Children on Your ...