You Must Have Your W-2 by January 31st
By law, your employer must give you your W-2 form by January 31, 2011. You need the W-2 to fill out your 2010 taxes. Your employer will save a copy, you need to save a copy, and you will need to include copies with both your state and federal taxes.
The W-2 is a tax form prepared by your employer and given to you, (the employee) to be filed with your IRS 1040 form. The W-2 from lists your wages earned during that year, the federal and state taxes that were withheld, and and your Social Security information.
Some nannies prepare their taxes themselves. But, they may be missing beneficial deductions if they don't hire professional help.
Who helps you prepare your taxes? Do you hire an accountant, pay a tax company, or do it yourself?