How to Protect Yourself from Underpayment Penalties
You can be subject to penalties if you don’t pay enough tax during the year through estimated tax payments and withholding. Here are some strategies to protect yourself: Know the […]
How To Deal With DOMA & Payroll Tax Refunds
Did you pay extra social security, Medicare, and withholding tax on certain fringe benefits during 2013 because of this year’s tax law recognition of same-sex marriage? Whether you’re an employer […]
Telecommuting Can Expose Employers to Unexpected Taxes
If you allow employees to telecommute, be sure to consider the potential tax implications. Hiring someone in another state, for example, might create sufficient nexus to expose your company to […]
The New 0.9% Medicare Tax: Watch Out for Withholding Issues
Under the health care act, starting in 2013, taxpayers with earned income over $200,000 per year ($250,000 for joint filers and $125,000 for married filing separately) must pay an additional […]