If you are self-employed, only 92.35% of your earnings are subject to Social Security and Medicare taxes. So if you report $100,000 in income, you will only pay FICA (Federal Insurance Contributions Act) tax on $92,350 of it. This is referred to as the “self-employed multiplier of .9235.” The reason for the multiplier has to…
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In a case presided over by my friend Circuit Court Judge William Ledbetter, the Hanover County bench trial resulted in a verdict of $6,350,000 to the family of a flat bed truck driver who was struck head-on by a drunk motorist. The decedent’s truck burst into flames, however he was able to extricate himself. The…
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Herndon lawyer Doug Landau has been visiting his local middle school — Rachel Carson Middle School in Herndon, Virginia — Tuesday and Thursday afternoons to help a group of 8th grade civic students prepare for the We the People Competition. As he did last year, Landau has been working with these young public school scholars…
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When an out-of-state delivery truck driver’s knee was ruined by a hole in a big box store parking lot, a Mediated settlement at the Landau Law Shop in Herndon, Virginia enabled the injured victim to get a lump sum AND an annuity, as well as keep his workers’ compensation and Social Security payments ! A…
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Sometimes, insurance companies don’t have a good reason for not settling a clear liability case. Recently, State Farm Insurance Company refused to offer more than $25,000 in a case in which there was $48,000 in medical bills and $7,000 in lost wages. This was despite the fact that the defendant driver drifted into the innocent…
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