How do I? Compute the Nanny Tax
For purposes of federal tax, employers must withhold and pay FICA
taxes (7.65%) if they paid a household employee cash wages of at
least $2,000 in 2016 or in 2017 ($2,100 in 2018). Employers must
November 2017 tax compliance calendar
As an individual or business, it is your responsibility to be aware
of and to meet your tax filing/reporting deadlines. This calendar
summarizes important federal tax reporting and filing data for
FAQ: What is a family partnership?
The family partnership is a common device for reducing the overall
tax burden of family members. Family members who contribute
property or services to a partnership in exchange for partnership
Contemporaneous tax records: Are you keeping up?
Everybody knows that tax deductions aren't allowed without proof in
the form of documentation. What records are needed to "prove it" to
the IRS vary depending upon the type of deduction that you may w...
How do I… Guard against taxpayer identity theft?
The number of tax return-related identity theft incidents has
almost doubled in the past three years to well over half a million
reported during 2011, according to a recent report by the Treasury
Recordkeeping Basics: Business Taxpayers
Maintaining good financial records is an important part of running
a successful business. Not only will good records help you identify
strengths and weaknesses in your business' operations, but they
Recordkeeping Basics: Individual Taxpayers
After your tax returns have been filed, several questions arise:
What do you do with the stack of paperwork? What should you keep?
What should you throw away? Will you ever need any of these
Welcome and thank you for visiting our Website. In addition to providing you with a profile of our firm and the services we offer, this website has been designed as a helpful resource tool for our valued clients and visitors. Our dedication to superior client service has expanded to the internet as we continue to provide the highest quality professional service and guidance.
As you browse our website, you will find background information on our firm and the services we provide, as well as informative articles (in our Newsletter section) and interactive financial calculators (in our Financial Tools section). In addition, we have taken the time to gather links to external websites that may be of interest to our clients and visitors (in our Links section).
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