Nov 21, 2019 | Income Tax
Here are five marriage, kids, and family strategies that you can put in play before the end of 2019. Put Your Children on Your Payroll If you have a child under the age of 18 and you operate your business as a Schedule C sole proprietor or as a spousal partnership,...
Oct 28, 2019 | Income Tax
Household Employees If you have a household employee, you may need to withhold and pay Social Security and Medicare taxes(FICA), pay federal unemployment tax (FUTA), or both. Workers Who Are Household Employees A household employee is an employee hired to perform work...
Aug 21, 2019 | Income Tax
Death of a Taxpayer When a taxpayer dies, there are certain returns that still need to be filed, a responsibility that falls onto the personal representative. Personal Representative Under state law, a personal representative is the person appointed by a court to...