If you hire household workers, it’s critical that you understand nanny taxes. Here’s a quick review.
Tag: Form 941
How Tips Affect Taxes
Cash vs. Noncash Tips Customers who receive services from staff may choose to leave tips. They could be cash or noncash. Cash tips include those given by clients directly, electronic payments made by employers to employees for tips, and tips given by other employees as part of tip-sharing agreements. In general, employees are required to