A nanny will become an essential member of your household, caring for the most precious part of your life. So it’s a sensible decision to onboard a nanny (or any household employee) the correct way. These four steps will ensure that your nanny can begin work without delay and, come tax season, you or your tax preparer will have the necessary elements to file correctly.
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Topics:
hiring a nanny,
nanny,
nanny tax,
nanny tax compliance,
agency,
senior,
CPA
The Tax Cuts and Jobs Act (TCJA) includes many changes that affect tax breaks for employee benefits. Among the changes are four negatives and one positive that will impact not only employees but also the businesses providing the benefits.
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Topics:
CPA
With more and more companies allowing their employees to work from home, more and more parents are forgoing the traditional office work environment and choosing to work from their home office. This can provide many benefits, but it can also be a bit of a challenge when it comes to nanny services. Finding a nanny that is ok with navigating the ins and outs of doing her job while the parent is still at home can sometimes be difficult, because it’s unique and many times requires working around different house rules. Here are some tips that can help when you nanny for a work-from-home parent.
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Topics:
nanny,
agency
With April 17 in the rear-view, there are other important tax deadlines through the rest of the year. To help you make sure you don’t miss any, here’s a look at when some key tax-related forms, payments and other actions are due. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you.
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Topics:
CPA
If you’re a senior caregiver or nanny and you’re unemployed indefinitely, you can qualify for unemployment benefits. If you’re looking for temporary work but are afraid of losing your unemployment benefits, here is some helpful information that can help you determine if you can take temporary work assignments but keep receiving unemployment benefits.
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Topics:
nanny,
agency,
senior
Nannying.
That weird profession where you're required to love a child beyond comprehension, and yet keep them at arms length and not get "too attached" to remain professional.
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Topics:
nanny
When an organization changes — whether it’s something as drastic as a merger or as seemingly innocuous as a new software system — employees may feel threatened. People tend to desire stability and order as opposed to disruption and uncertainty. This is equally as true in household employment as it is in a corporate setting. Think your nanny isn’t nervous about your move to a new home or addition of another child?
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Topics:
nanny,
agency,
CPA
We live over whelmed by the Disney-style images of an idealized life, where love stories end when the couple gets married and they “live happily ever after”. Have you ever questioned what “ever after” really means? Let me tell you … it means we buy a house, pay bills, and have arguments over the remote control. Eventually, we become parents, and time seems to start running against us!
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Topics:
nanny,
agency
What 2017 tax records can you toss once you’ve filed your 2017 return? The answer is simple: none. You need to hold on to all of your 2017 tax records for now. But it’s the perfect time to go through old tax records and see what you can discard.
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Topics:
nanny,
agency,
senior