With health care, housing, food, and transportation costs increasing every year, many retirees on fixed incomes wonder how they can stretch their dollars even further. One solution is to move to another state where income taxes are lower than the one in which they currently reside.
If you employ someone to work for you around your house, it is important to consider the tax implications of this type of arrangement. While many people disregard the need to pay taxes on household employees, they do so at the risk of paying stiff tax penalties down the road.
Starting a new business is an exciting, but busy time with so much to be done and so little time to do it. Also, if you expect to have employees, there are a variety of federal and state forms and applications that will need to be completed to get your business up and running. That's where a tax professional can help.
“ As a client of the CPA firm for twelve plus years, Brinker, Simpson & Company, L.L.C. has continued to extend its services to me on both a personal and professional level as my companies have grown. Brinker, Simpson & Company, L.L.C. provides the expertise of a large accounting firm but hasn’t forgotten its small business roots. ”— President of a multi-location Property/Casualty Insurance Agency
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