Wednesday, December 9, 2015

Did you pay domestic employees in 2015?

Did you pay domestic employees in 2015?

Nannies, housekeepers, caregivers – the people who make your home life easier – are your employees, and you're required to comply with income and payroll tax rules. For 2015, you'll need to withhold social security and Medicare taxes when you pay your worker $1,900 or more during the year. You'll also need to provide year-end tax forms and wage statements and file a special schedule with your personal federal income tax return. Contact us for details

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