The IRS reports that audits of tax returns with income over $200,000 increased by 13% in 2012 over the prior year. The Wall Street Journal's Market Watch recently published advice on 5 steps to take to avoid an IRS audit on your Federal income tax return.
Topics: babysitter nanny tax, nanny payroll tax, nanny taxes, payroll tax enforcement
IRS requires employers to post mark W-2 Forms no later than January 31st.
The IRS encourages you to allow at least until February 15th for the form to be delivered. They recommend you contact your employer at the earliest possible date to confirm that they have your current address if you have moved in the last year.
Topics: household payroll tax
El IRS requiere que los empleadores entreguen el Formulario W-2 a sus empleados a más tardar el 31 de enero. Recomienda a los empleados, así mismo, que si éste no ha sido recibido dentro de la fecha límite, se de un plazo adicional hasta el 15 de febrero para presentar su reclamo ante el IRS. Primero debe contactar a su empleador para confirmar que tiene la dirección actual, en caso se haya mudado en el último año.
Topics: nanny income tax
More and more older Americans are choosing to live in their homes for as long as possible, or aging in place. The senior who wants to stay in their own home often needs some non-medical assistance to meet this goal, including help with housekeeping, driving, cooking, and even some activities of daily living such as dressing and bathing.
Topics: household payroll tax, nanny background screening, Hiring Elder care, senior home care
Families sometimes try to completely side step their employment tax obligations by giving the nanny a 1099 form at year end. In so doing, they avoid paying their share of Social Security and Medicare taxes, as well as unemployment taxes, and they push their tax obligations on to the nanny. This path allows the family the benefit of child care tax credits without the corresponding expense of paying their portion of the employment taxes.
Topics: nanny w-2 form, domestic employer legal responsibilities, nanny independent contractor, household independent contractor
New York State Law requires all private employers to provide written notice to employees of their rate(s) of pay and designated pay day on an annual basis. Notice must be provided between January 1 and February 2 2013. NYS' FAQ on the Wage Theft Prevention Act specifically states that an employer may not choose another time of the year to provide the notice!
Topics: nanny payroll, domestic workers bill of rights, calculate nanny payroll tax, nanny employee, household payroll tax, new york household employment, nanny work agreement
Clients from time to will ask us for assistance helping their departing nanny locate a new position. Many post "Nanny Available" advertisements on neighborhood list servs and bulletin boards. We recently came across the following example and wanted to share. Names have been changed!
Topics: nanny reference check
HomeWork Solutions is teamed with National Crime Search (NCS) to offer true, credible pre-employment background screening for families directly hiring household workers such as nannies, housekeepers, and home care workers.
Topics: household employee background check, nanny background screening
Many people hear the words "nanny confidentiality agreement" and think this is something Brad and Angelina need - not their family!
Topics: nanny employment practices, nanny work agreement, nanny contract
Many of HomeWork Solutions’ professional staff hold American Payroll Association (APA) professional accreditation. Regular professional education is a requirement to maintain credentials, and we receive many notices regarding webinars that help fulfill CPE credit requirements.
