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Being a nanny or senior caregiver is a rewarding and fulfilling profession. While many caregivers are aware of the importance of being paid legally, they may not fully understand the significant benefits that come with it. In this blog, we will explore the safeguards household employees can rely upon when they are paid legally, including access to Social Security, unemployment insurance, and workers' compensation benefits. Let's dive in!
Topics: senior care, nanny, agency, senior, CPA
Being paid in arrears is a payroll term unfamiliar to many new household employers. It is the most common way employees in other industries are paid, and for a very good reason, as it minimizes the likelihood of corrections needing to be made later.
If your caregiver resigns, it can be stressful. Whether they give you notice, or it happens unexpectedly, there are some important things to keep in mind to navigate the challenge successfully.
Topics: senior care, nanny, senior home care, agency, senior, CPA
Divorce is challenging for everybody involved, but it can be especially difficult for kids. After the papers are signed and parents move out of the same living space, establishing a plan for childcare can get complicated. Keeping the kids and their feelings at the front and center should be the priority during this transition. No matter how young or old they are, a divorce can feel like a loss to them. Co-parenting will take some flexibility and patience, but there are some ways to make things easier. Here’s some tips to keep in mind:
If hiring a full-time nanny is not in your budget, a nanny share can be a great solution. Nanny shares are commonly used for working families in need of reliable childcare but looking to keep the costs down.
Topics: nanny share, nanny, agency, child care
Like all employers, household employers are required to keep specific payroll records for their employees. In addition to initial hire documents, such as W-4s and I-9 paperwork, there are ongoing records that you should keep as well.
Topics: senior care, nanny, agency, senior, CPA
Parents working through a divorce have a lot to consider – custody arrangements, sharing child related costs, and even taxes. Parents will need to consider the specific rules that surround claiming a child for tax purposes. Doing so will help make filing taxes easier and will ensure there are no mistakes that cause fines, fees, or processing delays.
Minimum wage will be increasing in many states and cities across the country. As longtime advocates for fair and legal pay, we believe this is long overdue! Domestic employees deserve a living wage that fairly compensates them for the invaluable work they do to keep our household running.
Topics: senior care, nanny, agency, senior, CPA
If you are working on growing your small business and you hire a nanny to help care for your children, or a caregiver to assist an aging parent, you might wonder if you can pay their wages through your business. Unfortunately, this is generally not allowed. According to the IRS, your household employee's wages are not considered a business expense.
Topics: senior care, nanny, agency, senior, CPA
Claire is a senior caregiver that severely twisted her ankle while going down the stairs on the job. She went to urgent care and was told she had a serious sprain and needed time to heal. She would need to stay off her feet as much as possible for the next three weeks. The clerk at the doctor’s office explained that she should file a worker’s compensation claim to ensure the urgent care bills were paid. Claire also learned workers compensation insurance policies also generally cover payments made to employees for lost wages while they are out of work.
Topics: nanny workers compensation insurance, senior care, workers compensation household employees, agency, senior, CPA