This webinar conducted by Rob Holcomb, Ag. Business Management educator for University of Minnnesota Extension, provides guidance on a number of topics related to employing family members on farm operations including:
- Employment of children by their parents
- Spouses working for each other
- Business structures involving family members
- Reporting and withholding requirements
- Deductibility of wages paid to family members.
PowerPoint slides are also provided.
This video is part of a collection of tax training videos posted on the USDA’s farmers.gov website.