Childcare

Businesses can utilize the same information IRS auditors use to examine tax returns

The IRS uses Audit Techniques Guides (ATGs) to help IRS examiners get ready for audits. Your business can use the same guides to gain insight into what the IRS is looking for in terms of compliance with tax laws and regulations. Many ATGs target specific industries or businesses, such as construction, aerospace, art galleries, childcare […]

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The “nanny tax” must be paid for more than just nannies

Employment Tax, Federal Income Tax, Federal Unemployment (FUTA Tax, Form SS-4, Form W-4, Nanny Tax, Social Security & Medicare (FICA) taxes / Douglas Freeman

You may have heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to you. Hiring a housekeeper, gardener or other household employee (who isn’t an independent contractor) may make you liable for federal income and other taxes. You may also have state tax obligations. If you employ a

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