Tag Archives: Federal Insurance Contributions Act tax

State of Confusion

Today TaxMama hears from Myra in Weaver, AL who tells us. “My husband works for a company that occasionally has him working out of state. He has w2’s from our home state and 4 other surrounding states how do we file his state taxes?”

Your Tax Rates

Today TaxMama hears from Joe in Montevallo, NY who wants to know, “Is my income tax rate, including social security, and other income based on my adjusted gross income or gross income?”

Partners on Payroll

Today TaxMama hears from Allison who’s a bookkeeper in Angola, IN. She says, “I do the bookkeeping for 3 partners. They get paid by the mile for work they do and they split the money they make evenly each week. They want to be paid as employees so they don’t have to make estimated tax […]

Partner Patter

Today Alan from Texas says he is starting a partnership as a consulting business. He asks, “I understand that estimated taxes will be made on the income that the business makes, but do I also have to pay personal tax on the salary that I pay myself from that income in addition to the estimated […]

Not Born in the USA

Today Mike from Australia has a dilemma – I am a dual US / Australian citizen (Had US parents who immigrated to Australia prior to my birth) who has lived and worked in Australia his entire life. Recently, an opportunity has arisen whereby I’ll be able to live and work in the US for a […]