1. When do you know your subcontractor is really an employee?

    It is so important to understand and correctly apply the rules for classifying a worker as an employee or as an independent contractor. The relationship between the worker and the employer determines if an employer must withhold income taxes and pay Social Security, Medicare taxes and unemployment t…Read More

  2. How does self-employed tax work?

    Who is Self-Employed? You are most likely self-employed if any of the following applies to you: If you perform a trade as a sole proprietor or independent contractor If you are a member of a partnership that performs a trade or business You are otherwise in business for yourself, including part-time…Read More

  3. Nanny Tax Q&A

    When hiring a nanny, most parents (like myself) focus on things like how well will they take care of my kids, do they do laundry, like to cook, etc. However, you need to remember that most likely when you hire a nanny, you need to know the how and when do you pay and withhold taxes (such as  Social…Read More

  4. Coronavirus Aid, Relief and Economic Security Act

    Highlights from the CARES ACT (Coronavirus Aid, Relief and Economic Security Act) There is a lot of information (and misinformation) circulating about the CARES Act. We know how uncertain these times are and want you to have the most up to date and relevant information concerning your finances in th…Read More

  5. SBA Loans

    What are the SBA Loans that every small business is talking about right now? There are two big ones out there – both created from the CARES Act.  The Economic Injury Disaster Loan (EIDL) and the Paycheck Protection Program (PPP).  The EIDL's intent is to provide immediate relief to help the temp…Read More

  6. Everything you Need to Know about the Tax Stimulus Checks

    COVID-19 has impacted the US in ways most of us have never dreamed. For me personally, I never thought I’d be working from home, while my husband is downstairs homeschooling our kids (all in the midst of the craziest time of year for us – tax season). The federal government is taking action to e…Read More

  7. Impact of the tax reform

    There is a lot of talk on the news, social media and through heresy about the tax reform (some good, some bad).  Are you confused?  I don’t blame you.  I’m here to unravel this complex new tax law with you.  At the end of this article, I’ll also let you in on a little secret that I noticed…Read More