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Reply to "Half more - child custodial Roth IRA compliance"
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[quote=Anonymous]Looks like this recently launched, was served an Instagram ad this morning: https://halfmore.co/ [quote][i] Halfmore makes it simple to turn your child's household tasks into legitimate, IRS-compliant income. Turn household tasks into earned income - From babysitting to mowing the lawn, Halfmore structures household work into compliant, reportable income. Ensure IRS compliance - We handle the paperwork - W-2, wage tracking, and employment documentation - to be IRS-compliant and audit-ready. Contribute to major broker - Stay in control of your investments by using your Roth IRA provider of choice - Fidelity, Vanguard, Charles Schwab, or others.[/i][/quote] Pretty interesting. I’m assuming they’ve had tax lawyers design and check this for compliance. Appears that it’s available in DC and VA, but not MD[/quote]
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