social security tax update

If you’re getting close to retirement, you may wonder: Are my Social Security benefits going to be taxed? And if so, how…

cares act business losses

The Coronavirus Aid, Relief and Economic Security (CARES) Act made changes to excess business losses. This includes some changes that are retroactive…

While you probably don’t have any problems paying your tax bills, you may wonder: What happens in the event you (or someone…

payroll tax implications President Trump

On August 8, President Trump signed four executive actions, including a Presidential Memorandum to defer the employee’s portion of Social Security taxes for…

nanny tax 2020

In the COVID-19 era, many parents are hiring nannies and babysitters because their daycare centers and summer camps have closed. This may…