#510 Listen to this Before Putting Your Spouse on Payroll

In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen unpack the advantages and disadvantages of putting your spouse on the payroll. They shed light on potential pitfalls, discuss savvy alternatives such as board roles and Roth IRAs, and highlight the benefits of Solo 401k contributions and HRAs. Here's what you can look forward to: Mark and Mat break down the common misconceptions about paying spouses.Additional payroll costs including FICA, Medicare, and...