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