At HomeWork Solutions, we understand the unique needs and benefits of a nanny-share arrangement. It's a fantastic way for families to access dependable childcare cost-effectively. By sharing a nanny, the children enjoy companionship, and the families involved benefit from a more affordable childcare solution. The nanny, in turn, often receives a higher rate than they would with a single family, creating a win-win scenario for all as long as communication and parameters are clearly established.
Read More
Topics:
nanny share,
nanny savings,
hiring a nanny,
childcare,
employment compliance
Good communication that establishes a mutual understanding is necessary when hiring a nanny, senior caregiver, or other household employee to work in your home. When it comes to defining benefits such as paid holidays, the details matter to ensure there is no misunderstanding about how these holidays will be compensated. If the employee often works more than 40 hours per week, defining this benefit and clarifying expectations becomes even more critical. Let’s examine how labor laws determine when overtime is due and how guaranteed pay alters the picture.
Read More
Topics:
overtime rules,
household employee,
household employer,
hiring a nanny,
time tracking,
nanny hourly wage,
domestic employer legal responsibilities,
nanny overtime,
Hiring Elder care,
Senior Caregiver Payroll
On January 10, 2024, the U.S. Department of Labor (DOL) issued a final rule revising its guidance on how to determine whether a worker is an employee or independent contractor under the Fair Labor Standards Act (FLSA). Effective March 11, 2024, this new rule rescinds the prior independent contractor rule from 2021.
Read More
Topics:
CPA
Introducing a caregiver into your home is a significant step. That's why many families and caregivers agree to a trial period at the outset of their working relationship. This period, which can last from a few hours to several days, allows both parties to get to know each other better and decide if the arrangement will work for the long term. However, it’s important to remember that even during this initial stage, a caregiver is considered an employee, and all labor laws apply from the moment they step into your home.
Read More
Topics:
hiring a nanny,
interview a nanny,
Hiring Elder care,
interviewing elder care applicants,
temporary household worker,
employment compliance
When you hire a new household employee, it's important to handle the process carefully and thoroughly. Whether you're welcoming a nanny, a senior caregiver, or a household chef, understanding the key steps can help ensure a smooth integration into your home and family life. Here are several essential considerations to remember as you begin this important journey.
Read More
Topics:
household employee taxes,
caregiver payroll,
household staffing agency,
household employee,
hiring a nanny,
nanny employment practices,
nanny payroll,
nanny payroll tax,
nannies,
nanny tax,
nanny employee,
domestic employer legal responsibilities,
household payroll,
Hiring Elder care,
hiring care for seniors,
domestic worker,
caregiver management
When your nanny decides to leave, whether the parting is mutual or unexpected, it can be an emotional and complicated time for everyone involved. Here are some important steps to consider to ensure a smooth transition and to maintain a positive relationship through the change:
Read More
Topics:
caregiver payroll,
household employee,
household employer,
hiring a nanny,
nanny employment practices,
nanny taxes,
nanny employee,
nanny return of family property,
household payroll,
nanny employment termination,
nanny separation,
caregiver,
domestic worker,
childcare,
child care
Navigating the complexities of payroll and taxes is more than just a bureaucratic task; it's a commitment to fairness and integrity. Let’s take a look at the importance of transparent wage reporting, the ethical considerations of payroll management, the financial risks of non-compliance, and the broader implications on your nanny's welfare.
Read More
Topics:
household employee,
hiring a nanny,
childcare,
child care
Embracing the journey of hiring your first nanny can be smooth and rewarding with the right approach. A little preparation and planning will pay off in dividends, by saving you time, and frustration, and possibly even preventing a failed first hire.
Read More
Topics:
interview a nanny
As you embark on your search for a new nanny position, you're likely evaluating key aspects of potential jobs, including salary, location, and benefits. These are crucial considerations before applying, but once the interview, and finally the offer time comes, it's equally important to understand the distinction between gross and net pay, and what benefits can be received tax-free. Grasping these concepts will aid in budgeting and planning for your financial needs, helping you to identify the most suitable position for you. Here are some essential points to keep in mind:
Read More
When new household employees reach out to HomeWork Solutions for information on how their employers should report wages, some respond with “I don’t want to pay taxes, maybe we will just do this under the table.” While under the table payments might seem tempting at first, it really isn’t a good idea to work “off the books." We remind these callers when unreported or under-reported income comes to light the taxpayer not only owes the original amount, but also penalties and interest. Often these callers ask how the IRS will find out about the payments. So, let’s look into how under the table wages may be discovered.
Read More
Topics:
senior care,
nanny,
agency,
senior,
CPA