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Full-stack tax compliance for your caregiver for just $10/mo

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    After having been a regular employee for years, I worked as a freelancer for a while. Going into my freelancing life I had no real mental model for how much of the money I earned was truly mine to spend, and how much of it I needed to set aside for taxes, vacations, retirement, and in case I got sick. I modelled this in Excel as best I could and was quite surprised both by how complicated it was to get right, and how much money I actually needed to set aside! As my girlfriend also started freelancing last year, I decided to turn my Excel sheet into a little program she could use too, and in…

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    The IRS lets you hire and pay your kids for real work. That earned income can go into a Roth IRA and grow tax-free. $4k/year from age 10-18 becomes over $1M by retirement. The catch? Paperwork. Agreements, work logs, payment records. Most parents never bother because it's annoying. employkids makes it easy.

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