Surprisingly (or maybe not…) the Internal Revenue Code does not state specific expenses that can be deducted from your business. It does say “all the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business” which leaves some room for interpretation. Continue reading to find out more about writing off business expenses.

Do you have to pay your nanny or senior caregiver overtime? Overtime is a topic that many people are confused about, and we get a lot of questions surrounding it, too. Most  household employees work more than 40-hours a week, a necessity if their employers are going to be free to work their own full time job. Household employees are hourly workers under Federal law, and most caregivers who come and go are entitled to an overtime differential of 1.5 times their regular hourly rate of pay . Even if your employee has agreed to not be paid overtime, you will still need to factor overtime into their weekly rate of pay. Why? It’s the law and you will be held to that standard if there is ever a wage dispute. Here’s an example to help you figure out what is required on your end.

Organizations of all sizes change and adapt for many reasons. Sometimes change is due to growth and opportunity, sometimes it’s not. Either way, change brings stress to employees and how that is managed can make all the difference.

Whether you are a new parent heading back to work and are searching for a new nanny, or you’re already an experienced employer looking to hire a nanny to replace one that has left, working with a qualified nanny agency can save you a lot of time and hassle. Finding the right nanny can be like finding a needle in a haystack, but with the right agency, you can find someone that fits all your family’s specific needs. Here are some helpful tips on how to choose a reputable nanny agency.

Here at HWS HQ we keep track of interesting questions from clients and partners to help keep our finger on the pulse of the industry. This helps us create the content and resources we are so happy to share!

The “360-degree performance evaluation” has grown in popularity in recent years. This process involves the input of peers of, reports of, and even clients that worked with the person being evaluated. The idea is to get a holistic view of how well a given employee does their job.

Navigating the world as a child can be exciting, confusing, and overwhelming. Growing up is full of all sorts of ups and downs, but when disaster strikes, it can be something that could be life changing for a child. If you are involved in the life of a child that has experienced something disastrous, there are some specific things you can do to help them get through the situation and help them process their emotions in healthy ways. Here are some tips on helping children cope with a disaster.

Now that your filing is done you may have some questions. Here are some common ones and their answers.

If you’ve just completed your tax return and you have realized that you have claimed too much or too little, it may be time to reevaluate your W-4 form. Here is why the W-4 form is so important: the W-4 is completed by you as the employee and tells your employer how much of your gross earnings need to be deducted from your paycheck for taxes.

Here are some key tax deadlines for the second quarter of 2019 to note for employers. These can vary depending on the type of employer you are (corporate vs. household for instance) and there may be additional deadlines that pertain to your State. We are happy to answer any questions about household employer tax filings, just give us a call at 1-800-626-4829.