Tips for businesses hiring seasonal or part-time employees

Tips for businesses hiring seasonal or part-time employees

The summer months are a common time for many businesses to seek out seasonal or part-time workers. If they’re hiring help, it’s important to understand tax filing and withholding responsibilities. This can help avoid penalties while staying compliant throughout the year. Tax withholding rules for seasonal and part-time employees Seasonal and part-time employees are subject…

Understanding taxes when a family member signs the paycheck

Understanding taxes when a family member signs the paycheck

Many people work for a family member, whether it’s a child helping out at their parent’s shop or spouses running a business together. When someone is employed by a family member, the tax implications depend on the relationship and the type of business. It’s important for taxpayers and employers to understand their tax situation. Married…