Should Business Owners Put Spouse on Payroll for Social Security Purposes?

This article, forwarded from Wealth Manager Pasquale Russo, is very interesting and pertinent to small business owners who are constantly struggling with the decision to put a family member onto the business payroll for the purposes of social security eligibility. —Stephanie Parker, Principal owner

BY: Wealth Manager Pasquale Russo, reprinted with permission*

Social Security can be a tricky subject for many clients with  added complexity for small business owners. One common question concerns compensation for family members and their eligibility for Social Security. Here are the factors to consider.   Should Bus Owners Add Spouse to Payroll For SS Spring 2014




*Reprinted with permission by: Pasquale Russo

Accounting Matters, New England provides accounting, bookkeeping and financial consulting services to businesses and individuals in Massachusetts.