Where Every Thread Works Together to Strengthen Your Financial Future

The fabric of our

financial strategies

At Citrus Group, we believe that true financial success is never one-dimensional. It’s woven from many threads—tax, accounting, insurance, legal, and wealth planning—all working in harmony. That’s why we’ve built an integrated firm that brings every piece of your financial life under one roof.

We don’t just offer services. We deliver strategies that are interconnected, intentional, and deeply personalized.

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At Citrus Group, we believe that true financial success is never one-dimensional. It’s woven from many threads—tax, accounting, insurance, legal, and wealth planning—all working in harmony. That’s why we’ve built an integrated firm that brings every piece of your financial life under one roof. We don’t just offer services. We deliver strategies that are interconnected, intentional, and deeply personalized.

Top Family-Focused

Tax Strategies

1. Hire Your Children

Employing your kids in your business can turn allowance

into tax-free income and business deductions.

✅ Up to $15,000/year tax-free for your child
✅ No FICA taxes (in certain structures)
✅ Roth IRA contributions for early retirement savings
✅ Real work = real savings

Case Study: A client hired her 14-year-old son for social media work. She deducted $12,000 in wages, contributed $6,000 to his Roth IRA, and saved nearly $5,000 in taxes.

2. Create a Family

Management Company

Form a separate entity to manage admin, marketing, or operations for your main business. This allows income shifting, payroll tax savings, and succession planning.

✅ Strategic income allocation
✅ Asset protection
✅ Employ family members legitimately
✅ Potential 5-figure annual tax savings

Case Study: A physician saved $22,800 annually by routing admin services through a family-owned LLC that employed his teenage children.

3. Set Up a Family Health Reimbursement Arrangement (HRA)

Use your business to reimburse family medical expenses tax-free.

✅ Deduct premiums and out-of-pocket costs
✅ Cover your entire family
✅ Choose from QSEHRA, ICHRA, or Integrated HRA options

Case Study: A consultant used QSEHRA to deduct $4,300 in family healthcare costs through her S Corp.

4. Maximize Education

Tax Benefits

From 529 plans to tuition deductions, education-related tax planning can save thousands.

✅ 529 contributions grow tax-free
✅ American Opportunity & Lifetime Learning Credits
✅ Deduct up to $4,000 in tuition
✅ Coordinate with business income and employment

5. Plan Family

Business Travel

Combine business trips with family time—legitimately.

✅ Deduct your travel, lodging, and meals
✅ Allocate expenses between business and personal
✅ Create educational experiences for your kids

Case Study: A consultant deducted $1,550 from a family trip to Orlando by structuring 4 of 7 days as business-related.

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6. Use Dependent

Care Benefits

Turn childcare into a tax-saving opportunity.

✅ Up to $5,000 pre-tax via Dependent Care FSA
✅ Up to $2,100 in tax credits
✅ On-site childcare tax credits up to $150,000

Case Study: A couple saved $3,800 by combining home-based childcare with a structured business setup.

7. Choose the

Right Business Structure

Your entity type affects everything—from hiring your kids to accessing fringe benefits.

✅ Sole Proprietorships: Great for hiring kids under 18
✅ S Corps: Combine salary + distributions
✅ C Corps: Maximize fringe benefits
✅ Family LLCs: Shift income and plan for succession

8. Navigate the

Kiddie Tax

Avoid tax traps when shifting income to children.

✅ Prioritize earned income over investment income
✅ Use Roth IRAs and growth-focused assets
✅ Coordinate with college planning

9. Use Retirement Accounts

for College Flexibility

Retirement savings can double as a college funding backup.

✅ Roth IRA contributions are always accessible
✅ Solo 401(k) loans offer tax-free liquidity
✅ Maximize SEP, Solo 401(k), and Defined Benefit plans

Retirement savings can double as a college funding backup.

✅ Roth IRA contributions are always accessible
✅ Solo 401(k) loans offer tax-free liquidity
✅ Maximize SEP, Solo 401(k), and Defined Benefit plans

10. Plan Your Legacy with

Estate Strategies

Preserve your business and wealth for the next generation.

✅ Use gifting, GRATs, and Family LLCs
✅ Shift business ownership tax-efficiently
✅ Protect assets and maintain control

Case Study: A business owner saved over $27,000 annually by combining an S Corp with a Family LLC and gifting interests to his children.

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Why Choose Citrus Group?

Where Every Thread Works Together to Strengthen Your Financial Future

At Citrus Group, we specialize in helping business owners with families turn everyday expenses into long-term financial advantages. Our integrated network of tax, legal, and financial professionals delivers proactive, personalized strategies that go far beyond basic compliance.

 Specialized in Family-Owned Businesses

We understand the unique dynamics of running a business while raising a family. From hiring your children to planning for college and succession, we tailor every strategy to your personal and professional goals.

 Integrated Tax, Legal, and Wealth Planning

Our team collaborates across disciplines to ensure your tax strategies align with your estate plan, business structure, and long-term wealth goals. We help you:

Set up family management companies

Optimize entity structures (LLC, S Corp, C Corp, FLP)

Implement estate and succession planning tools like GRATs and Family LLCs

At Citrus Group, we believe that true financial success is never one-dimensional. It’s woven from many threads—tax, accounting, insurance, legal, and wealth planning—all working in harmony. That’s why we’ve built an integrated firm that brings every piece of your financial life under one roof.

We don’t just offer services. We deliver strategies that are interconnected, intentional, and deeply personalized.

Proactive, Not Reactive

We don’t wait for tax season to deliver value. Our year-round planning includes:

Health Reimbursement Arrangements (HRAs)

Dependent care and education tax strategies

Kiddie tax mitigation and Roth IRA planning

Retirement planning with college flexibility

Technology-Driven, Human-Centered

We use advanced tools to uncover hidden savings and streamline documentation—while keeping our focus on what matters most: your family, your business, and your legacy.

 Backed by a Global Network of Integrated Firms

Whether you operate locally or internationally, our integrated firm model ensures consistent quality, deep expertise, and seamless service across borders.

Proactive, Not Reactive

We don’t wait for tax season to deliver value. Our year-round planning includes:

Health Reimbursement Arrangements (HRAs) Dependent care and education tax strategies Kiddie tax mitigation and Roth IRA planning Retirement planning with college flexibility

Technology-Driven, Human-Centered

We use advanced tools to uncover hidden savings and streamline documentation—while keeping our focus on what matters most: your family, your business, and your legacy.

 Backed by a Global Network of Integrated Firms

Whether you operate locally or internationally, our integrated firm model ensures consistent quality, deep expertise, and seamless service across borders.