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How Elder Law Attorneys Can Help you and your family

Not all of the people who live in Brandon, Florida realize that there is an attorney whose main job is to serve the needs of elders. Many people only know about corporate lawyers, litigation lawyers, DUI lawyers, bankruptcy lawyers and also constitutional rights lawyers, certainly, nearly all people are unfamiliar with elder law lawyer.

What is elder law attorney?
They are professional attorneys who focus on elderly law. They are proficient and specialist in the specific needs of elderly people, particularly when it comes to their health, aging and also wealth. They are experienced on the physical and mental difficulties for elder people and they are able to handle their legal needs. (more…)

Power of Attorney and Enduring Guardian documents

These documents operate during your lifetime.

What is a Power of Attorney?

A Power of Attorney can be defined as an appointmen via a legal document that allows a person to deal with your financial and property affairs. For example, you can appoint an attorney under power of attorney to sell your house or sell your shares whilst you are oversea or whilst you are in hospital not otherwise unavailable or unable to do so yourself.

It is best practice to arrange to appoint an attorney under Power of Attorney no matter what age you are in your life. You may be overseas and assets or property in NSW needs to be dealt with on an urgent basis, (more…)

How to estimate your tax refund 2018

Every year, incredible numbers of taxpayers are disappointed or surprised with the data of their tax refund. Many individuals only hope for refund without fully realizing how changes in their life can have an effect on their tax return. The good news is, you can find many online tools for tax refund calculator 2018.

You also need to realize that tax laws are always updated every year. For that reason previous tools you used to calculate your taxes last year will no longer be an accurate option to calculate this year’s taxes. When your marital status, employers, salary, medical costs, other income and also living arrangements did not really change from 2017, (more…)

Why You Need a Divorce Lawyer

If your marital relationship comes to an end, and each party feel like it is a chance to get a divorce, there is no need to hire a divorce lawyer to deal with your case. It is possible to file for a divorce on your own using many of the DIY divorce kits when there are not any kids involved , and if the marital assets can be separated as each party want . When you have children, when one or even the other protests the divorce process, or in case you have so many assets to split, it is best to hire a divorce lawyer.

A divorce lawyer can file the right paperwork to make sure that you receive your fair share in the divorce process. This is also true when your husband or wife is against the divorce or even disagrees with certain criteria of the separation, like custody of kids or even splitting of the marital assets. (more…)

Things You Need to Know About Unemployment Tax Laws

Unemployment taxes are the taxes that employers pay the federal government and the state to fund unemployment compensation benefits to employees who are not working. Employers tax rates are based on the business type that the run.

This means the higher the employment rate goes the higher the tax is going to go for employers. Therefore, as an example let us say there is a medical office with a low turnover rate and a fast food restaurant with a high turnover rate. The fast food place would pay more in unemployment taxes than the medical office.

How Do Federal Unemployment Taxes Work?

Federal unemployment taxes, FUTA Taxes, are what employers pay based on their employees’ wages. Currently, the percentage is 0.6% for the first $7,000 wages annually. However, the maximum amount of federal unemployment tax that an employer would pay for an employee would be $42.

If you are a business, you will be required to pay unemployment taxes if either of the following applies to you:

  • You have paid a wage of $1500 or more during the calendar year, or
  • You had at least one employee for some part of the day for at least twenty weeks.

How Much Are FUTA Taxes?

The current FUTA tax rate is 6.0%. This rate is for the first $7,000 you pay each employer for wages. However, this is the federal rate. The state rate may be different. Usually, you can take a credit for the FUTA taxes that you have paid into state unemployment funds. The credit can be up to 5.4%. You are entitled to, the maximum credit if you paid your state unemployment taxes on time.  However, if you do not pay the full amount then your credit may be decreased.

TurboTax will ask you simple questions and help determine if you need to pay futa tax for employees. TurboTax will also help you prepare and make W2 forms for your employees.