If you hire household workers, it’s critical that you understand nanny taxes. Here’s a quick review.
When do I Have to Pay Nanny Tax?
Tag: FICA Tax
How to Claim the R&D Credit Against Payroll Tax
The research and development (R&D) credit, a credit for increasing research activities, is a valuable tax break for eligible businesses.
What is the FICA Tax Credit?
If you own a business where tipping is customary, you may qualify for the FICA tax credit for taxes you pay on your employees’ tip income.
COVID-19 Employment Tax Deposit Relief Guidance Issued by IRS
The IRS has issued guidance providing relief from failure to make employment tax deposits for employers that are entitled to the refundable tax credits provided under two laws passed in response to the coronavirus (COVID-19) pandemic.