I know it's possible to run a business from home. What I mean is rather to create a business whose sole purpose is to maintain a family & associated household, that would have expenses such as feeding the company members, maintaining the place of work (the house or apartment where the employees reside), cleaning and maintenance and transportation costs of the associated members, etc.
The company's primary source of income would be purchase of equity by or investments from it's owners (the wife and I) that is derived from salary or wages at other companies. The goal is to be able to deduct some of the business expenses, and also to be able to transfer some assets to the company to lower our personal tax liability.
The reason I believe this should be possible somehow is that people make small businesses and shell corporations as legal tax shelters frequently with more tenuous company plans. This business would obviously be a sunk cost company, and would lose a lot of money. An alternative source of income would be to classify the company as also being a contracting company, but then wages would be paid directly to the company as a subcontractor, and wouldn't include benefits like 401K match or Health Care.