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  • Recent News

    • Nanny tax

      October 21st, 2011

      For those who employ individuals to perform domestic services, for 2012 the amount of cash remuneration paid is not subject to FICA taxes if the amount paid is less than $1,800. The amount for 2011 is $1,700.

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    • Social Security Wage Base

      October 21st, 2011

      For the period 2009 through 2011, the Social Security wage base has been $106,800. The Social Security Administration has announced that the wage base for 2012 will increase to $110,000. The approximately 3% increase is due to an increase in average total wages.

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