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It's not new, it's clarification as to the mechanisms. In another topic here, there is this link: https://www.irs.gov/newsroom/treasury-irs-issue-updated-guidan...
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"The WEP impacts about 2 million Social Security beneficiaries and the GPO nearly 800,000 retirees" From CBS.
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"It’s genuinely the case that upon returning home from her W-2 job, she takes care of the company’s tasks, even though the nature of the W-2 work is different f...
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And CA law flipflopped in July 2024. That's the point of my posting: it varies, and you need to know how it is to be done in your State. For example, unless it ...
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"instead of W-2 which his S-Corp already issued for 2024." Essentially, he's trying to outsource her job. Geez. Did anyone ask the wife how she feels about the ...