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
The American Taxpayer Relief Act of 2012, passed by Congress this January 1, included some substantial good news for employees whose employers supplement their public transportation expense.
Topics: housekeeper, maid, nanny benefits
Q. We have a regular babysitter. Most weeks she watches the children 3 afternoons/evenings a week, just until I get home from work, so my wife can attend classes. We only pay her $200 a week. I have heard about "nanny taxes" but since she is not full time or a real nanny, that doesn't apply to me, right?
Topics: elder care, senior caregivers, babysitter nanny tax, housekeeper, cleaning lady, maid, summer nanny, companionship services, household payroll tax
The Internal Revenue Service issued new 2013 income tax withholding schedules yesterday 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: calculate nanny payroll tax, household paycheck calculator
Nannies, housekeepers, elder caregivers, and most house managers are considered Hourly, Non-Exempt employees under the Fair Labor Standards Act. This means that most are covered under both minimum wage and overtime laws. Accurate and contemporaneous time tracking and records maintenance is a legal obligation!
Topics: time tracking, nanny hourly wage, domestic employer legal responsibilities
Did you know that every paycheck's net or take home calculation will change in 2013? Calculate your nanny paycheck deductions before you issue any 2013 payroll.
Topics: nanny payroll tax, calculate nanny payroll tax, nanny tax calculator, nanny social security tax rate
December 21, 2012 3:47 PM
Topics: nanny payroll tax, calculate nanny payroll tax, household payroll tax, nanny tax calculator, nanny social security tax rate, household paycheck calculator
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
