*Loan,banking and credit>>>child tax

Can someone hire their father and he then fund an IRA and make the child a beneficiary to save on taxes?

Yes, so long as what you pay your father is reasonable and customary.

If you pay him $5,000 to pick your kids up from school one day, I don't think that would fly. If however, he picked your kids up from school everyday, then you might have a better case.

It's not clear from your question whose taxes you're trying to reduce--your's or your father's. I'm troubled by the word "hire." Rather, you might talk about whose funds are used to contributed to an IRA. Let's assume that you're talking about your father funding an IRA in your name, and naming you a beneficiary. Your father could make a gift to you of the funds necessary to fund your IRA based on your (or your spouse's) earned income. But if it's your IRA, your father could not deduct the contribution on his own return. Generally, when you establish an IRA, you're required to name a beneficiary--again, your father cannot establish an IRA in your name and deduct contributions to that IRA. If you don't name a beneficiary, your estate will usually be deemed to be the beneficiary.

Your father could use his own funds to contribute to an IRA and name you as beneficiary, but that would only do you any good if there were some value left in the IRA at his death. If you're speaking of saving him some tax dollars, that would work, and you would be the beneficiary of anything left after he dies.

But the attempt to have your father fund your IRA and deduct the contribution on his own return won't fly. The deduction would be yours. You could calculate how much tax the deduction saves you, and reimburse him for the that amount, thus making his net gift to you the same as if he had deducted the contribution (using your income and deductions as a basis for the calcluation).
Masters in Tax, 30+ years experience
Do you have a business and want to hire your father as an employee? That would be fine, and you could deduct the wages paid to your father, along with your share of payroll taxes.

Your father, in turn, may be able to establish an IRA. If he is qualified, he could take a deduction for that. The choice of beneficiary would be his of course. When he is 70.5 years old, he has to start taking that money out for his benefit, not yours. If he is married, his spouse would have to waive her rights to the IRA.

Who saves? I don't see how you would save anything in addition to the normal operation of your business, if you need an employee anyway.