Children as employees or contractors?
My daughter is 14 and wants to help out in the family business. Should she be an hourly worker? I know kiddos can’t sign contracts under a certain age. Most of our people are contractors.
Forum Discussion
*Not a tax person - in CO, we have our son as an employee, up to $15k per year, without him having to pay federal or state taxes. Social Security and Medicare are deducted from his pay.