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Tax, SDIRAs & Cost Segregation

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Dana N.
  • New York, NY
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54
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Hiring my children as an employee at my LLC

Dana N.
  • New York, NY
Posted Mar 10 2014, 05:52
I read that I can hire my children to work at my home base business, which is an LLC. We live in NYC, but our LLC is filed in NC. Question: If I hire my 11 year old as an employee to do of course reasonable work for a reasonable wage, do I have to with hold taxes and if so which state to I do file his employment NYC or NC? Thank you

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