Nanny tax, schedule H seems to double tax me. I employ a nanny and have been withholding social-security and medicare from every pay check (6.2% + 1.45% = 7.65%). My understanding is that employer contributes and additional 7.65% too. The Schedule H form is puzzling because in line 2 and 4, we calculate double of social-security and medicare tax (12.4% and 2.9%).
You can appoint a professional executor such as a solicitor to act as your executor in your Will. At Browne & Murphy Solicitors we have over 10 years experience in the administration of estates and can act on your behalf and administer your estate in an independent, efficient and professional manner.hile one Executor is sufficient it is wiser to appoint more than one. As the situation can arise that the executor you have appointed in your Will in not able to act. There is no limit on the number of executors that you can appoint in your Will, but problems can arise if too many executors are appointed.
7 (1) A trustee may appoint a solicitor to be the trustee's agent to receive and give a discharge for money, or valuable consideration or property receivable by the trustee under the trust, and a trustee is not chargeable with breach of trust merely for having made or concurred in making that appointment.