Going through the process of divorce or separation can be a very difficult time. Consider these tax tips for avoiding mistakes with the IRS.The process of divorce or separation is...
A household employment tax allows everyone that hires a nanny or a gardener, to name a few, and pays them above $2,200 every year, to pay household employee taxes for their worker....
Posted by Tucker Accounting Services LLC on 01/13/2021
A program was created by the Federal Unemployment Tax Act (FUTA) to help state government pay terminated workers unemployment benefits. Employers that pay wages of $1,500 or more annually...
Most families are not tax professionals. So when the time comes to hire a nanny, especially if it's your first time, knowing all the details and IRS requirements and your status...
The day you decide to dress in a beautiful white wedding dress or a wedding suit and walk down the aisle with your heartthrob, you imagined all the beautiful things that come with...
Posted by KAB Bookkeeping and Tax Service on 02/18/2019
If you have a second home in a resort area, or if you have been considering acquiring a second home or vacation home, you may have questions about how rental income is taxed for a...
Posted by KAB Bookkeeping and Tax Service on 02/11/2019
The Federal Insurance Contributions Act (FICA) and the Federal Unemployment Tax Act (FUTA) imposed taxes on employers in Puerto Rico. If you’re an employer, then you’ll...
The first thing which you need to know is what exactly are nanny taxes and after that we can proceed further in this article. A nanny tax is a kind of government tax which people who...
Posted by rinehimerbaker on 10/26/2018
There are multiple reasons that the IRS would request proof of your identity. M-E Accounting & Tax Services, Inc. can help you gather the correct information and report it to the...