Employkids enables parents to legally hire their children for real work and use that earned income to fund Roth IRAs. The platform simplifies the complex IRS documentation requirements that typically discourage families from taking advantage of this wealth-building strategy.

Key features include over 100 age-appropriate tasks with built-in rate guidance, automatically generated employment contracts with e-signature capability, work logging with automatic server timestamps, and complete activity history tracking. The system provides optional photo proof documentation and works with any payment method or brokerage. For business owners, the Pro plan allows tracking household and business work separately.

The platform generates comprehensive Year-End Tax Packets with one click, including cover summaries, signed employment agreements, signature certificates, job descriptions per child, timesheets and work logs in PDF and CSV formats, payment ledgers with reconciliation, W-2 worksheets per child, Roth contribution memos, and full edit history audit logs. All documents are timestamped and traceable for IRS compliance.

Benefits include helping children learn responsibility while building tax-free wealth through Roth IRAs, with contributions potentially growing to over $1 million by retirement age. The service ensures IRS compliance by properly documenting employment relationships, work activities, and payments to avoid penalties during audits.

The platform targets families who want to fund their children's Roth IRAs and business owners who can deduct children's wages as business expenses while skipping payroll taxes. It integrates with various payment methods and brokerages including Fidelity, Schwab, Vanguard, Venmo, Zelle, and Chase.