https://etacpas.com/ Take a look at our recent blog posts and client newsletter articles. en-us Tue, 01 Jul 2025 09:00:00 +0000 Tue, 01 Jul 2025 09:00:00 +0000 https://www.etacpas.com/newsletter.php#1 Don’t let the name “nanny tax” fool you. It’s a tax that applies to the wages of a variety of types of household help you hire, such as a nanny, gardener or housekeeper. Hiring extra help can ease the burden of home-related tasks, especially in the summer when the kids are home or the garden needs attention. Unless the worker is an independent contractor, you may be liable for federal payroll tax and other taxes (including state tax obligations). Tue, 01 Jul 2025 09:00:00 +0000 https://www.etacpas.com/newsletter.php#1 https://www.etacpas.com/newsletter.php#3 Once a tax return is filed, most people breathe a little easier. But it’s not uncommon to realize too late that something was left off a return, figures were misreported or some other error was made. Accuracy is essential, but, depending on the type of error, an amendment may not be required. Tue, 01 Jul 2025 09:00:00 +0000 https://www.etacpas.com/newsletter.php#3 https://www.etacpas.com/newsletter.php#2 Businesses close for various reasons. Perhaps you’re ready to embark on a welcome change such as retirement or launching a new venture. Or maybe it just no longer makes financial sense to continue operating your current business. Whatever the reason, closing your business is a significant milestone, and part of wrapping things up means taking care of a few tax responsibilities. Tue, 01 Jul 2025 09:00:00 +0000 https://www.etacpas.com/newsletter.php#2