Monthly Archives: January 2011

Do you owe the "nanny tax"?

If you had a housekeeper, nanny, gardener, or other household worker help out in 2010, you may have payroll tax obligations (commonly called the “nanny tax”). These payroll taxes apply if you paid a household worker $1,700 or more in 2010, and filing r… Continue reading

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Do you owe the “nanny tax”?

If you had a housekeeper, nanny, gardener, or other household worker help out in 2010, you may have payroll tax obligations (commonly called the “nanny tax”). These payroll taxes apply if you paid a household worker $1,700 or more in 2010, and filing r… Continue reading

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New tax law will delay processing of 2010 returns

The IRS has announced that it will take until mid to late February before its computers will be able to process certain income tax returns for 2010.Individual income tax returns that (1) include Schedule A for itemized deductions, (2) claim a deduction… Continue reading

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