Today TaxMama hears from John in the TaxQuips Forum, who wants to employ students.“ The business I work for is very small. It is a nonprofit educational facility, and we are swamped with work, without financial leverage to hire additional staff. I want to recommend the hiring of interns at a fair hourly wage. I am […]
Today TaxMama hears from Seth in the TaxQuips Forum with a sensible question. “I have a lawn guy for my house. I pay him $90 a month for 8 months out of the year ($720 for the year). The checks are made out to him directly. From an IRS standpoint, am I supposed to do […]
Note: TaxMama’s Tax Roundtable is a monthly live discussion open to all TaxMama Family Members and above, and all TaxMama’s EA Exam and Solving the Tax Puzzle Students. Don’t you wish you were here? REPLAY today’s session below – you can listen and SEE the session and forms It will load slowly…perhaps slowly. But it […]
Note: TaxMama’s Tax Roundtable is a monthly live discussion open to all TaxMama Family Members and above, and all TaxMama’s EA Exam and Solving the Tax Puzzle Students. Don’t you wish you were here? REPLAY today’s session below – you can listen and SEE the session and forms It will load slowly…perhaps very slowly. But […]
Today TaxMama hears from Chris in the TaxQuips Forum, who puts out a challenge to TaxMama. He says, “Tax mama has advice for business owners. But how does an individual get more money on their paychecks?”
Today TaxMama hears from Pastor Derrell a new student in the EA class, who explains why he feels the need to make a living doing taxes. That brings to mind other people you’d also find interesting. So, today, let me introduce you to a few special people – no special order. Just good, interesting people […]
Courtesy of IRS WASHINGTON —The Internal Revenue Service has posted on its website the newly-revised payroll tax form that most eligible employers can use to claim the special payroll tax exemption that applies to many new workers hired during 2010.
Courtsey of IRS Under the Hiring Incentives to Restore Employment (HIRE) Act, enacted March 18, 2010, two new tax benefits are available to employers who hire certain previously unemployed workers (“qualified employees”).
Today TaxMama hears from Summit in the TaxQuips Forum, who has some questions. “When doing work nationally what are the tax implications? We are a painting contractor based in, say, New York, travel to Mississippi and paint a building for 50k, then travel to Alabama and paint a building for 50k and so on… what […]