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....
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...
Dividends are a type of investment income that is stock generated, and also from mutual funds containing stocks. They stand as a taxable share of corporate profits that are paid out...
Let’s make it clear as to who are self-employed individuals?In order to be categorized as self-employed individual and fall under the category of paying self-employment taxes...
While filing the tax return, it can be obvious to make the mistakes. People who have never done it before would mostly fall under the mistake on federal tax return. They would not...