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Daycare and Taxes>Which Of Tom's Books Do I Need....
mrsyecker 04:30 PM 02-17-2011
I will be hiring an assistant and a teenage summer helper. Which of Tom's books would help me understand everything I need to know to pay them to correct way?
TomCopeland 09:24 AM 02-18-2011
My 2010 Family Child Care Tax Workbook and Organizer will take you through all the federal tax forms for hiring an employee. One change that happened after the book came out. You now only need to withhold 5.65% of the person's salary for social security tax, not 7.65%.
You should contact your state department of labor to find out about paying state unemployment tax and purchasing workers compensation insurance.
Join me for my webinar February 28th "How to Reduce Your Taxes for 2010 and 2011". I guarantee that you will save more money on your taxes than the cost of the webinar ($25). For more info: https://www.daycare.com/news/taxes/t...d-webinar.html
You should contact your state department of labor to find out about paying state unemployment tax and purchasing workers compensation insurance.
Join me for my webinar February 28th "How to Reduce Your Taxes for 2010 and 2011". I guarantee that you will save more money on your taxes than the cost of the webinar ($25). For more info: https://www.daycare.com/news/taxes/t...d-webinar.html
Michael 02:56 PM 02-18-2011
Originally Posted by mrsyecker:
I will be hiring an assistant and a teenage summer helper. Which of Tom's books would help me understand everything I need to know to pay them to correct way?
Where else can you get your answer right from the author! I will be hiring an assistant and a teenage summer helper. Which of Tom's books would help me understand everything I need to know to pay them to correct way?
