The Internet has become a must-have. It makes our lives easier and gives us the tools we need to research and find information with just a few clicks of a button. However, it also gives people the platform to write what they want to, which can be both good and bad. Because more and more people turn to writing reviews for businesses online nowadays, businesses have had to think about how to best respond to the reviews that are coming in about them. Unfortunately, bad reviews happen occasionally, and your response makes all the difference.  

Topics: agency, CPA

Generally speaking, couples filing jointly are also jointly responsible for the tax obligation of their household. This means that the IRS can go after either spouse for the entire tax obligation, not just the part associated with their earnings. One exception to this rule is called an “Innocent Spouse.”

Topics: nanny, agency, CPA

The short answer to this question is maybe.

Topics: nanny, agency, senior, CPA

Retirement planning is a vital part of financial health. Many people use a Traditional IRA to help ensure a comfortable retirement (you can help your household employee too). Building an IRA during your working life is only half the consideration; you should plan for distributions as well.

Topics: nanny, agency, senior, CPA

If you have hired a caregiver to help your aging parent with day to day care, you likely know that some days can be more challenging than others. Being a senior caregiver comes with rewards, but it can also be a difficult and stressful job. Supporting your caregiver goes a long way. Here are some tips on how you can support your parent’s caregiver for the long haul.

Topics: agency, senior

In the spring of 2019 the Social Security Administration (SSA) started sending out “no-match” letters. These letters are to inform employers that the W-2 given to an employee(s) has information that doesn’t match the agency’s files. Specifically, the information in question is the employee’s name and Social Security Number (SSN).

Topics: nanny, agency, CPA

If you are looking for a nanny to work with your family, you know that it takes a lot of time to review resumes and sit down with top candidates for interviews. Doing your research ahead of time and not rushing the process means that you will be able to find the person that fits best with your family. The interview process itself is very important, too, and there are some key topics that should be covered during that time.

Topics: nanny, agency

Virtual currency has had a rapid rise in popularity and thus regulators are still trying to really figure out how to manage (tax) this new form of commerce. Some employers see this as an opportunity to capitalize on the gray area and potentially avoid some tax costs.

Topics: nanny, agency, CPA

Planning a vacation requires putting together a variety of different details: hotels, rental cars, airline tickets, and more. But if you have a loved one that requires caregiving assistance and you will be gone for an extended time and will not be able to check in in-person from day to day, you will also need to plan on getting coverage in your absence. This might mean that the caregiver will be required to step in and be available for 24 hours shifts. Not sure how to calculate for overtime when your caregiver is working those long shifts? We can help.

Topics: agency, senior, CPA

For household employers all the way up to midsize businesses, regulatory changes and administrative tasks can be an uphill battle. If you don’t have the staff to devote to these matters then it makes sense to outsource. The trick then is to do it right. This article touches on a few things to watch out for in the process of selecting a vendor/partner.

Topics: nanny, agency, senior, CPA