4 ms·

An incredible amount of small businesses have female owners to due tax benefits. So husband-wife pairs are not uncommon.

• somebodythere 8y ago
  What are the tax benefits?
  • dx87 8y ago
    I don't know about tax benefits, but I know it is pretty common around DC for a husband to have his wife be the legal owner of his business for contract bidding purposes. The govt has to award a certain amount of contracts per year to smaller groups, so making the wife the owner allows the business to legally be a "woman owned, small business", even though the wife has no actual role in the company.
    • ryandrake 8y ago
      It's also very common for these contractors to sub-contract all of their contracts to the big companies who actually do the work. So the government contracts to a one-man Veteran Alaskan Native owned "company", who has a pre-arranged agreement to sub all incoming work out to the actual contractor. The prime contractor's only job is to be the prime contractor and forward communication back and forth. He can do that from home without even going into an office. Sweet gig, and on the taxpayer's dime!
• conanbatt 8y ago
  Tax benefits for female owners?