View Single Post
Old 05-08-2005, 12:03 AM  
Redrob
Confirmed User
 
Redrob's Avatar
 
Industry Role:
Join Date: Oct 2004
Location: In a refrigerator box by the tracks.
Posts: 4,791
Don't be short-sighted. When it comes to family, there are many ways they can be involved in your business.

They don't necessarily have to be on payroll. They can be listed as corporate officers, co-signers on your 1040 tax return, or, even be listed as a co-signer on your bank accounts. And, don't forget shared credit cards when you use funds from your business to fund the cards. If you are really making big bucks, they can be the beneficiaries of trust funds, etc.

Just follow the money/document trail and, if, you find a family member, correct it now before you have a problem.
Redrob is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote