If summertime is a busy time for your business, you may be ready to hire seasonal workers. Here are tax rules to keep in mind. Affordable Care Act exception. When you employ 50 or more full-time employees, you’re considered a “large employer” and are generally required to […]
Read more →If your child has a summer job, consider opening an IRA for him or her. According to the tax rules, anyone under age 70½ who has earned income can contribute to a traditional IRA. There’s no age restriction for Roth accounts, though the amount of the contribution […]
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