Hire Your Kids, Save Taxes, and Build a Legacy

What if paying your children could be both legal and strategic?

For many business owners, the idea sounds risky, or too good to be true. In Hire Your Kids, Save Taxes, and Build a Legacy, Dr. Lilly Mbinglo, CPA breaks down how hiring your children, when done correctly, can be a powerful tool for tax efficiency, financial education, and generational wealth building.

This book removes confusion and replaces it with clarity.

The Conversation Most Business Owners Aren’t Having

Families talk about legacy, but few know how to structure it.

This book addresses a question many entrepreneurs quietly ask:
“Can my business work for my family today and tomorrow?”

The answer is yes, when it’s done right.

Dr. Lilly explains how compliant family employment can:

  • Reduce taxable income

  • Shift earned income responsibly

  • Teach children discipline, accountability, and work ethic

  • Create early financial awareness

Books

Creating a Successful Business Partnership for Married Couples

What the Book Actually Covers

This is not a loophole guide. It is a compliance-first roadmap.

Readers learn:

  • When hiring your kids is allowed and when it’s not

  • What roles children can realistically perform

  • How wages should be structured and documented

  • Why payroll, recordkeeping, and intent matter

  • How this strategy fits into long-term tax planning

These are the same principles THE ARK NPS applies when advising business owners on tax strategy and family planning.

While tax efficiency is important, the book emphasizes something deeper: legacy.

Hiring your children creates an opportunity to teach:

  • Responsibility and consistency

  • The value of earned income

  • How businesses operate behind the scenes

  • The importance of structure and accountability

This approach aligns financial planning with values, not shortcuts.

“When done correctly, hiring your children is not just a tax strategy, it’s a lesson in responsibility, structure, and legacy.”

Planning With Purpose

Hire Your Kids, Save Taxes, and Build a Legacy challenges business owners to think beyond the present year and plan intentionally for the future.

It reflects the same philosophy that guides THE ARK NPS: smart strategies, proper structure, and decisions that protect both your business and your family.

Insights

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