Roth Wizards

Roth Wizards helps parents employ their children, track real work, and fund custodial Roth IRAs. Every dollar your child earns can grow tax-free for decades, potentially reaching millions by retirement.
Why Parents Love Roth Wizards:
Save on Taxes — Deduct your child's wages as a business expense (if you have a business)
Build Wealth — Every dollar earned can go into their Roth IRA, growing tax-free
Stay Compliant — Built on IRS Publication 15 and IRC Section 3121(b)(3)(A)
CPA-Ready — Generate W-2 and W-3 forms, plus year-end audit binders
Track Everything — Log jobs, hours, photos, and payments in one place
Perfect For:
Business Owners — Hire your kids for real business tasks (marketing, photography, data entry) and deduct wages
Household Work — Pay for legitimate household projects (yard work, photo organization, tutoring siblings) even without a business
Tax-Smart Families — Turn "helping out" into documented earned income
Key Features:
Job Logging — Log real work with photos, hours, and pay rates
Photo Documentation — Attach before/after photos to prove work was substantial
Payment Tracking — Track which jobs are paid and how much you owe
Roth Contribution Limits — See exactly how much you can contribute each year (up to $7,500 for 2026)
Tax Forms — Generate W-2 and W-3 forms automatically
CPA Exports — One-click downloads with all documentation your accountant needs
EIN Support — Get help applying for your Employer Identification Number
Smart Suggestions — Age-appropriate job ideas with fair market rates
How It Works:
Pick a job your child can help with (business or household)
Log the time and pay them
Match that income with a custodial Roth contribution
Relax—Roth Wizards stores every detail for tax time
Real Example:
Pay your teen $3,000 for product photography. If you're in a 30% tax bracket, you save ~$900 in taxes. That same $3,000 goes into their Roth IRA and can grow to over $3M by age 65—all tax-free.
Compliance Built-In:
Every workflow aligns with IRS guidance on hiring your own children. We help you:
Document real work (not routine chores)
Track earned income for Roth IRA eligibility
Generate proper payroll documentation
Stay within contribution limits
No Business? No Problem.
Even without a business, your kids can earn real income for legitimate household work. Every dollar they earn can go toward a Roth IRA—building the same tax-free wealth. The only difference? You won't get a tax deduction, but your child still gets a financial future.
Simple Pricing:
Choose the plan that fits your family. Many parents save hundreds in taxes each year—often covering the cost in one weekend of documented work.
Important:
Roth Wizards is a record-keeping tool and does not provide tax, legal, or financial advice. Consult a qualified CPA or tax professional for guidance specific to your situation.
Start building your child's tax-free future today. Download Roth Wizards and turn helping out into real earnings and long-term savings.

Privacy & Security:
All data is stored securely in your private iCloud account. We never share your information with third parties.
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