asked
My husband and I hired a nanny for 16 weeks last year and were told we would just file a 1099 for her taxes. Now we realize this is illegal and she should have been issued a W-2. We did not withhold any taxes from her paychecks. Do we or the nanny have to pay back the taxes that weren't previously taken out?
August 13th, 2023
As a winterguard performer in Georgia who pays dues to a winterguard organization, can I deduct these dues as education expenses or miscellaneous expenses on my tax return, especially if I am also an independent contractor teaching colorguard to high school students?
July 5th, 2024
I have an employee aesthetician. We pay her 5% of sales every quarter. I give her company checks. The employee indicated she has never received a 1099. I have paid for the 1st, 2nd, and 3rd quarters of 2022. How will I report this? What is the best way? (Texas)
May 5th, 2024
What happens to my 401k when I leave my job? I took out a loan from my 401k to put a down payment on my home a few years ago. Will I still be able to borrow from it for home improvement funds if I'm not employed with the company anymore?
September 30th, 2023
I travel for work and am paid a travel tax-free stipend. How many months of the year does my primary residence need to be vacant to qualify as duplicate housing costs so that I don’t lose the tax exemption? As much detail as possible about this process would be very helpful and much appreciated!
December 28th, 2023
What forms and specific steps should be used to ensure a client with an AGI of $9910, two dependent children, and two small businesses reporting losses gets the maximum refund on their tax return?
December 31st, 2023