You’ve interviewed many potential nannies and you’ve finally found the right one. Now, it’s time to build a solid relationship with her – one that works on the professional level as well as the family level. You will be entrusting your children with this nanny, so it’s important to have a great relationship with her. Starting well right at the beginning is key and that usually begins with strong communication and a mutual understanding that you will work together as a team. This will help keep the relationship healthy with a good balance. Here are some other help tips on building a great nanny/family relationship.

You’ve spent time searching for the right caregiver for your father or son and you’ve become used to having help around the home for your loved one. It appears as if everything is working out well. But then, the caregiver quits. Did something go wrong? You may feel anxiety when you first hear the news that your caregiver is leaving, but there are some practical things you can do that can help alleviate stress and help put you on the track toward finding another person to step in.

If you’re taking care of an elderly parent, you know how many things there are to juggle at once. Whether it’s cooking meals every day, paying income taxes, or running to doctor appointments, there are usually endless numbers of tasks that will accumulate from day to day and week to week. It is important to take care of yourself in the midst of taking care of your loved one. Family caregivers need help too, so here are some things you can outsource to simplify your life and have a better routine for caregiver self care.

The summer has been packed with fun activities, but before you know it, you’ll have to start thinking about heading back to school and all that comes with being prepared for that. If you’re busy and you’re looking for ways to get your nanny more involved with the back to school preparation, here are some great ways that you can have her help.

Many Americans relocate to another state when they retire. If you’re thinking about such a move, state and local taxes should factor into your decision.

Prior to the enactment of Obamacare ( Patient Protection and Affordable Care Act), household employers gave little thought to cost and regulation when it came to subsidizing a household employee's health insurance costs. The employee and employer simply negotiated a tax free reimbursement contribution, the employee purchased insurance, and the entire transaction took place under the government radar, perfectly legally.

While this is not related to employment at all, we still wanted to include this post as it is an interesting topic to consider. Over the last several years, virtual currency has become increasingly popular. Bitcoin is the most widely recognized form of virtual currency, also commonly referred to as digital, electronic or crypto currency.

Households that employ domestic help, such as nannies or senior caregivers, are required to file and remit federal and state employment taxes for their employee, but surprisingly, many do not. Failure to pay the so-called “Nanny Tax” results  in a tax gap that totals billions of dollars. In fact, unpaid nanny taxes are estimated to be $3.3 billion to $5.7 billion per year, according to a new study discussed at the June 2018 presentation at the IRS/Tax Policy Center Joint Research Conference on Tax Administration. It is estimated that only 5.3% of the estimated 3.6 million household employers complied with this requirement in 2015. ⁽¹⁾

IRS examiners use Audit Techniques Guides (ATGs) to prepare for audits — and so can small business owners. Many ATGs target specific industries, such as construction. Others address issues that frequently arise in audits, such as executive compensation and fringe benefits. These publications can provide valuable insights into issues that might surface if your business is audited.