Despite the best efforts of Congress, the number of families that that fail to pay their nanny taxes each year is estimated to be 1.8 million. Aside from the fact that these families technically commit perjury on their family tax returns every year, they also deny their household employee (nanny, housekeeper, senior care nurse, etc.) of retirement and unemployment benefits. As if these weren’t reason enough, here is a list of five more important reasons why you should pay your nanny taxes (and some of them might surprise you!).

Topics: nanny taxes, household payroll tax

 

Our aging parents deal with physical and sometimes mental declines that challenge their ability to completely take care of themselves on their own.  They don’t like the idea of moving out of their homes to a senior care facility.  How will they safely age at home, in a safe and happy environment?  

Topics: caregiver background screening

I took a call from a new employer today, who asked "Are there any tax breaks for household employers?"

Topics: household payroll tax beaks

The online nanny job listing services like Care.com can be an efficient way to match with families seeking care, and put you in charge of your job search. The online nanny job listing services, however, need to be approached with caution, and knowing the common scams and issues is important when you pursue that route.

Topics: nanny job search

Are you struggling with providing senior home care for yourself or for a loved one? Don’t get caught up in one of the many myths floating around regarding senior care. A senior caregiver allows family members to rest easy knowing their loved one is receiving the top quality of care in their own home. Full time or part time senior care provides other family caregivers some freedom to pursue outside activities and to simply take care of themselves.

Topics: senior home care

 

Topics: nanny employment practices

What is a summer nanny? Are you responsible for the nanny taxes with a summer-only nanny?

Topics: summer nanny, nanny tax, nanny taxes

A Nanny Tax Case Study

Its true! Ignoring the nanny taxes opens up a whole host of complications and not a single one gets better if you ignore it!

Topics: nanny payroll, nanny tax

Topics: elder care, eldercare, assisted living, geriatric care manager, senior care, senior

Household employee overtime rules are commonly misunderstood, and often just plain ignored. The vast majority of household employees - nannies, senior caregivers, housekeepers, etc. - are classified as non-exempt (NOT exempt from overtime rules) employees. These household employees must be paid overtime. At the Federal level the rate of overtime pay is determined by whether the household employee lives with the employer or maintains their own separate residence. Live-in domestics are paid for their overtime hours at their regular hourly rate; live-out domestics are paid at 1.5 times their hourly rate for hours over 40 in the 7 day work week. Note MANY states extend the overtime differential of 1.5 times the hourly rate to live in domestics, and some states mandate daily, not weekly, overtime.

However some more skilled household employees - estate managers, head housekeeper or house managers for example - may be considered exempt or hourly employees. This classification is largely depended on the actual work performed and not on the employee's title. This is where the change is coming!

Topics: overtime rules, nanny overtime