According to the U.S. Congressional Budget Office, one third of seniors aged 65 and over need some assistance with the activities associated with daily living. Facing the need for such assistance is often greeted with resistance and disappointment by the senior herself, and concern and worry on the part of her family members.
Topics: elder care, senior caregivers, companionship services
HomeWork Solutions provides professional payroll and tax services to household employers, nationwide. Our company has more than 20 years of experience helping families comply with their household employment payroll and taxes. Our office is staffed with 18 payroll professionals and 2 interns 100% dedicated to simplifying this complicated process for YOU!
Topics: nanny payroll, nanny tax, nanny taxes, calculate nanny payroll tax, household payroll
The IRS is increasing its focus on improperly classified domestic workers, including those hired to as senior home care professionals.
An adult 18 years of age or older who works in your private home and to whom you pay more than $1900 in cash wages (as of 2014) per year is subject to payroll tax obligations. Distinguishing between an independent contractor and an employee is crucial to remaining in compliance with IRS regulations.
Topics: worker misclassification, worker misclassification independent contractor, 1099 v w-2, household independent contractor, senior home care, senior home-care workers
Negotiating a salary is never a comfortable situation; both parties involved will be looking for what is best for them, individually. The key to establishing a good relationship with your household employee right from the beginning, and to succeed in the negotiation, is to think like you are part of a “Win Win” situation, where both parties win and are happy with the result. A happy household employee will perform better and make your life easier – That’s a fact!
Topics: nanny payroll, nanny contract, nanny job interview, household payroll
Special thanks to our guest blogger Anna Gale from CareLinx. CareLinx helps you easily screen, hire and manage quality caregivers who match your specific needs and budget. Save up to 50% on Home Care.
Topics: elder care, homecare, tips for nanny job interview, nanny job interview
As part of National Payroll Week, payroll services and financial services firms are participating in Paycheck Literacy Money Matters National Education Day today. Volunteers will be visiting high schools and youth groups nationwide to teach teens about the way paychecks are calculated, the payroll withholding system and electronic payment methods like direct deposit.
Topics: nanny payroll, household payroll
Payroll, by definition, is the sum of wages, bonuses and deductions paid to an employee for a job performed in a period of time. Payroll is one of the most time sensitive and crucial areas in a household employer’s relationship with their household staff for a variety of reasons:
Topics: nanny payroll, household payroll
(3rd in a 3 part series)
Topics: nanny employment termination
Summer has come to an end. Great memories. Lots of fun, friends, playdates, swimming pool, beach vacation, etc …
Topics: housekeeper, cleaning lady, household payroll tax
How pleased were we to read the latest article in the New York Times by economic reporter Adam Davidson, "What’s an Idea Worth?".
Topics: elder care, nanny income tax, accountants, nanny tax, household payroll tax
