Now that small businesses and their owners have filed their 2017 income tax returns (or filed for an extension), it’s a good time to review some of the provisions of the Tax Cuts and Jobs Act (TCJA) that may significantly impact their taxes for 2018 and beyond. Generally, the changes apply to tax years beginning after December 31, 2017, and are permanent, unless otherwise noted.
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Topics:
agency,
CPA
You have a busy life and having a nanny or caregiver step in to help is a huge help, one you depend upon. But, sometimes things happen that throw you for a loop. What do you do when your caregiver calls in sick or other life emergencies happen? Here are some helpful tips.
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Topics:
nanny,
agency,
senior
If you own a business and have a child in high school or college, hiring him or her for the summer can provide a multitude of benefits, including tax savings. And hiring your child may make more sense than ever due to changes under the Tax Cuts and Jobs Act (TCJA).
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Topics:
agency,
CPA
It's no secret that Americans are living longer, experiencing slower physical and mental declines in old age, and have a strong preference - both emotionally and economically - to age-in-place. The inevitable physical and mental declines, however, are key triggers for the need for in home support services so they can make that happen.
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Topics:
agency,
senior,
CPA
If you asked HR professionals to name their least favorite responsibility, many would probably say terminating employees. Even under the best of circumstances, it’s an awkward experience. Under the worst, a termination can be downright contentious. For household employers this can be exacerbated by the fact that the person being let go knows where you live.
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Topics:
agency,
CPA
A nanny will become an essential member of your household, caring for the most precious part of your life. So it’s a sensible decision to onboard a nanny (or any household employee) the correct way. These four steps will ensure that your nanny can begin work without delay and, come tax season, you or your tax preparer will have the necessary elements to file correctly.
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Topics:
hiring a nanny,
nanny,
nanny tax,
nanny tax compliance,
agency,
senior,
CPA
With more and more companies allowing their employees to work from home, more and more parents are forgoing the traditional office work environment and choosing to work from their home office. This can provide many benefits, but it can also be a bit of a challenge when it comes to nanny services. Finding a nanny that is ok with navigating the ins and outs of doing her job while the parent is still at home can sometimes be difficult, because it’s unique and many times requires working around different house rules. Here are some tips that can help when you nanny for a work-from-home parent.
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Topics:
nanny,
agency
If you’re a senior caregiver or nanny and you’re unemployed indefinitely, you can qualify for unemployment benefits. If you’re looking for temporary work but are afraid of losing your unemployment benefits, here is some helpful information that can help you determine if you can take temporary work assignments but keep receiving unemployment benefits.
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Topics:
nanny,
agency,
senior
When an organization changes — whether it’s something as drastic as a merger or as seemingly innocuous as a new software system — employees may feel threatened. People tend to desire stability and order as opposed to disruption and uncertainty. This is equally as true in household employment as it is in a corporate setting. Think your nanny isn’t nervous about your move to a new home or addition of another child?
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Topics:
nanny,
agency,
CPA
We live over whelmed by the Disney-style images of an idealized life, where love stories end when the couple gets married and they “live happily ever after”. Have you ever questioned what “ever after” really means? Let me tell you … it means we buy a house, pay bills, and have arguments over the remote control. Eventually, we become parents, and time seems to start running against us!
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Topics:
nanny,
agency