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  • Leadership
  • Clients
    • Privately Held Companies
    • Non-Profit Organizations
    • Government Agencies
    • Government Contractors
    • Healthcare
    • Individuals
    • Manufacturing & Distribution
    • Architects, Construction & Engineering
  • Lifecycle
    • Exit & Succession
    • GAP Management
  • Services
    • Assurance & Reporting
    • Customized Accounting Solutions
    • Payroll
    • Income Tax Strategies & Returns
    • Sales Tax Reporting & Audits
    • Employee Benefit Plans & ESOPs
    • Fraud & Internal Controls
    • Valuations
    • Exit & Family Succession
    • Advisory Support
    • Abila™ Nonprofit Solutions
  • Careers
    • Open Positions
  • Resources
    • Brochures
    • Client Portal
    • Secure Send
    • Newsletter
    • Record Retention
    • Tax Organizer
    • Videos
  • Contact Us

Daily Archives: March 2, 2023

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Tax Implications When Employed in the Family Business

Business, Individuals, Newsletter, TaxBy Wessel & CompanyMarch 2, 2023

When a family member employs someone, the tax implications depend on the relationship and the type of business. Taxpayers and employers need to understand their tax situation. Here is what…

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