Tag Archives: FICA
Tax Benefits of Having a Household Employee
If you hire people to work in your home, you may be legally obligated to pay their federal and state payroll taxes. You must also indicate on your annual tax return that you employ household workers. Here’s a snapshot … Continue reading
Posted in Blog, News & Articles
Also tagged benefits, employee, employer, household, nanny, witholding
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New Proposals for Government Programs
The Tax Cuts and Jobs Act delivered a wealth of benefits for taxpayers at every income level, but none more so than for the very rich. The net result of huge tax breaks for both high-income and corporate taxpayers is … Continue reading
Posted in News & Articles
Also tagged healthcare, medicare, Medicare for All, social security, Tax Cuts and Jobs Act, TCJA
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