The Tax Cuts and Jobs Act (TCJA) introduced tremendous tax benefits for small business owners, including the amount of money you can save by hiring your children. As a matter of fact, according to the Kruggel Lawton CPAs, hiring your child may make more sense than ever due to changes under TCJA.

Legal advisors at Nola agree but they also advise (wisely) to go by the rules! Learn more about tax savings at Nola.com.