The Tax GAB Archives - Page 2 of 2

March 2016 Tax Due Dates

By Gabrielle Luoma CPA| 2016-03-07T19:23:19+00:00 March 7th, 2016|Blog, Monthly GAB, The Tax GAB|Comments Off

March 2016 Individual Due Dates March 10 - Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during February, you are required to report them to your employer on IRS Form 4070 no later than March 10. Your employer is required to withhold FICA [...]

Household Help: Employee or Contractor?

By Gabrielle Luoma CPA| 2016-02-04T11:18:55+00:00 February 4th, 2016|Blog, Monthly GAB, The Tax GAB|Comments Off on Household Help: Employee or Contractor?

Frequently taxpayers will hire an individual or firm to provide services at the taxpayer’s home. Because the IRS requires employers to withhold taxes for employees and issue them W-2s at the end of the year, the big question is whether or not that individual is a household employee. Whether a household worker is considered an [...]