Archives for March 2015

Career Changes

Is it time to change jobs? How do you know when is the best time to change jobs? Is there ever really a good time to change jobs? These questions have plagued everyone at some point in time. Some of them are prompted be major life changes, such as graduating college, moving, or even going back to school. Other times you feel stuck in the job you are currently hired for, and you are ready for a change. Either way it is important to look at few options before making the plunge into the deep waters of job searching. [Read more…]


Tax Withholdings Guidelines for Domestic Employees

For those of us who are lucky enough to have extra household help such as a nanny or babysitter, cleaning person, domestic worker, caretaker, health aide or private nurse, you know how hard it can be to figure out how much to hold back for taxes. This, as always, can be a complicated mess, but there are some guidelines that can help make this task easier for you. [Read more…]


Employers Could Obtain Consent for Employment Tax Refunds Electronically

The IRS issued a proposal to change a revenue procedure that would permit employers who file refund claims for overpaid Federal Insurance Contributions Act (FICA) and Railroad Retirement Tax Act (RRTA) taxes to obtain their consent to the refund claims electronically.

The employers are required to use reasonable efforts to obtain employee consent before filing for the refund, but many times the employee cannot be found or may fail to respond to the employer. Employers may correct overpaid employment taxes by either making an interest-free adjustment or by filing a claim for refund on Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return, or Claims for Refund. [Read more…]