“Worker classification” refers to whether a worker is classified as an employee or an independent contractor for federal and state employment tax purposes. Employers need to recognize the difference between these two classifications, because the employer’s...
As the weather and economy continue to warm up, employers around the country may be looking to hire more workers, including some already employed at high-paying jobs. If you go to work for a new firm, or your current employer transfers you to a different branch, you...
It’s hard getting motivated to lose weight, but here’s something that might help: The IRS recognizes obesity as a disease and allows taxpayers to deduct certain weight-loss expenses. (IRS Revenue Ruling 2002-19) Prior to this ruling, individuals could...
Setting up an office in your home? Generally, in order to claim any home office tax deductions, you must use the space exclusively as your principal place of business, or as a place to meet with patients, clients, or customers. If you’re self-employed as a sole...
When it comes to the complicated process of obtaining all the correct information to become a household employer, it helps to have experts on your team, especially when it comes to providing accurate information to the government. The case study that follows is a good...