518-373-4111
Hiring Your Own Family to Work for You?
If you operate your business as a sole proprietorship, a single-member LLC (treated as a sole proprietorship for tax purposes), or a husband-wife partnership, here’s a great family tax planning deal: Hire your under-age-18 children as legitimate employees of the...
Top 5 Small Business HR Issues
Based on the feedback we hear from our small business clients on a daily basis, we have compiled a list of the top five small business HR issues that owners face.Below are a few tips of the trade to assist employers in these areas. Finding the Right People. Many...
Is Severance Pay Subject to Payroll Taxes?
On March 25, 2014, the U.S. Supreme Court ruled in favor of the IRS in a case against a now-defunct employer, Quality Stores. At issue was the question of whether severance pay for laid off workers was subject to Social Security and Medicare taxes under the Federal...
