New Tax Benefits of Hiring Your Kid

Summer jobs can be an effective way to teach children about financial responsibility, encourage them to save for college or retirement, and provide them with spending money during the school year. If you own a business, consider hiring your child (or grandchild) as a...

Handle with Care: The Nanny Tax Rules

When you hire a nanny, housekeeper or other domestic worker, pay close attention to the tax rules. Over the years, there have been news stories about political appointees and others who got into trouble because they didn’t pay nanny taxes. The same could happen...