Topics: household employee, nanny severance, nanny, nanny employee, nanny separation
The Internal Revenue Service issued new 2014 income tax withholding schedules and they are fully integrated with our online tax calculator now. We are fielding a lot of inquiries about new paycheck amounts and will try to address the common questions here:
Topics: nanny, nanny tax, nanny taxes, household payroll tax
Inclement weather, train derailments, flight delays- these are all potential situations that could keep a person from their child or elderly relative. But other emergency situations exist- your charge could develop a high fever, knock a pot of boiling water from the stove, develop an allergic reaction that prevents them from breathing - that requires a nanny or senior caregiver to react quickly and make the right choice in getting medical attention.
Topics: senior caregivers, eldercare, nanny, nannies, emergency plans
In 2014, the Household Employee Wage threshold increased to $1900. This means that any household employee- such as a nanny, housekeeper or elder care worker- earning $1900 or more per year requires their employer to pay what is commonly referred to as the "nanny tax."
Topics: household employee, household employer, household payroll
Topics: live-in nanny
There are more than 2 million senior caregivers working in private homes to help our aging loved ones to 'age in place.' These caregivers are employees. They are either employed by the home health agency who hires, schedules and pays the senior caregiver, OR they are the employee of the senior or their family who pay the caregiver directly.
Topics: elder care, payroll, senior care
Many families pay their household workers directly and subscribe to a service such as HomeWork Solutions' Essential Payroll to prepare necessary quarterly and end of year tax documents. We are often asked about whether pay stubs are necessary.
Topics: nanny payroll, calculate nanny payroll tax, domestic employer legal responsibilities, nanny tax calculator, household paycheck calculator
HomeWorks Solutions is a proud member and supporter of the International Nanny Association - the industry umbrella professional association promoting excellence in in-home care. We have attended every annual conference since 1993, and this year's educational line up for nannies and business members is the best we have ever seen.
Topics: International Nanny Association, INA conference, nanny agency, nanny agencies, Dr. Harvey Karp, Dr. Jenn Berman
I have told many of our clients that they are not the first person that we have helped when they were behind on their nanny taxes. I tell them that because it’s true!
Topics: household employee taxes, W-2, nanny payroll tax, nanny tax, nanny taxes
Tax season is in full swing, and Americans are preparing to file their annual income tax returns. If you are a household employer - you employ a nanny, housekeeper or senior caregiver - you will find conflicting advice on how to handle the "nanny taxes."
Topics: household employee, worker misclassification, independent contractor, nanny tax, nanny taxes, 1099 v w-2