Do you know if you are considered a household employer? If you've just hired a caregiver, babysitter, housekeeper, or someone else to help you around the house, then there is a...
Business owners have specific rules and guidelines associated with filing their taxes. Running a daycare can be expensive, and the IRS offers incentives for the expenses incurred....
If you have hired a gardener, nanny, cleaner, or other types of worker for household work, the law requires you to pay state and federal payroll taxes. This article sheds light on...
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
At the birth of the child, this child becomes dependent on his taxes. It does not matter if the child were born on January 1st or December 31st at 11:59 pm As long as your child came...
Posted by Valderas Financial Solutions LLC on 08/28/2019
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...
You have to go to your job in order to meet the growing expenses which increase day by day. If you are single or only just married, it is quite fine and easily manageable as well to...
Posted by Flynn Financial Group Inc on 01/09/2019
When it comes to caring for routine tasks around the home, many individuals use hired help. Depending on how they hire that help, they may suddenly have a household employee. For many...
Employees are the lifeblood of any business. They are the very fuel that keeps a business running and earning profits along the way. The strength of the employees is a sign of prosperity...