Welcome to TaxBlawg, a blog resource from Chamberlain Hrdlicka for news and analysis of current legal issues facing tax practitioners. Although blawg.com identifies nearly 1,400 active “blawgs,” including 20+ blawgs related to taxation and estate planning, the needs of tax professionals have received surprisingly little attention.
Tax practitioners have previously lacked a dedicated resource to call their own. For those intrepid souls, we offer TaxBlawg, a forum of tax talk for tax pros.
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Let's face it: employees are wonderful. We couldn't do without them. However, they can be expensive. Beyond their base compensation, employers must pay federal taxes – in addition to withholding the employee's share of income tax, FICA and Medicare, there is an employer’s share of Medicare and FICA that must deposited regularly. There's also annual FUTA tax, as well as quarterly state unemployment tax. And there are benefits, ranging from medical coverage, to vacations, to sick leave, to name just three, that employers must pay.
When business is down, it is natural to try to find ...