"The allowance the IRS helps fund" · Bilingual EN/ES calculator
Elite Tax Consulting · Las Vegas · Section 3121(b)(3)(A)
We help Las Vegas business owners implement this strategy correctly — bilingual EN/ES, transparent pricing.
Book Free Consultation Send Us a MessageLegitimate business tasks: social media, filing, data entry, photos, cleaning the office. NOT household chores (mowing lawn, babysitting siblings).
What you'd pay a stranger for the same work. Document with a market rate report. IRS red flag: $90/hr to shred paper.
Supervise, give instructions, schedule shifts. Must explain exactly what the child does. Vague "helping around the office" = IRS red flag.
Collect W-4. Consistent payroll (monthly min). File W-2 at year end. Business account → child's account. NO cash payments.
| Age group | Federal income tax | Social Security & Medicare | Unemployment | Max tax-free |
|---|---|---|---|---|
| Under 18 | No (sole prop) | No | No | $15,000 |
| 18–20 | No (under std. ded.) | Yes 15.3% | No | ~$12,705 |
| 21+ | No (under std. ded.) | Yes 15.3% | Yes ~1% | ~$12,663 |