Monday, January 3, 2011
2011 Information for Employers and Employees
Here is one site that has summarized the recent changes: http://economy.cbh.com/2010/12/two-year-extension-of-bush-era-tax-cuts-becomes-law/
Also you can find information from one of the following nanny tax experts: http://www.4nannytaxes.com/, http://www.breedlove-online.com/, http://www.gtm.com/gtm_household/household.html
There are also changes for employers regarding Health Insurance Tax Credits. For information on this check out the IRS link at http://www.irs.gov/newsroom/article/0,,id=223666,00.html.
2011 Mileage Rate Set - IRS updates the mileage rate each year. They have posted the rate for 2011 at 51 cents per mile. http://www.irs.gov/newsroom/article/0,,id=232017,00.html
Do you have other updates you'd like to share? Please post a comment to this article.