Are you thinking ahead to summer? Before you know it, your kids will be out of school for an extended time. Between summer camps, vacations, and outside playdates, there will be many different activities to fill up the free time. Hiring a summer nanny provides a helping hand, minimizing the stress associated with disrupting your daily school routines. Here are some reasons why you should consider hiring a nanny this summer.
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Topics:
household employee background check,
household employee taxes,
household staffing agency,
nanny summer schedule,
summer nanny,
nanny tax compliance,
agency
If you plan on hiring an employee to work in your home, it’s essential to know who you’re hiring. Background and reference checks can give you confidence that their criminal and personal history are free and clear of anything alarming. Our HomeWork Solutions experts have worked with thousands of clients over the years, and we recommend reference checks and background screenings for anyone regularly working inside your home.
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Topics:
caregiver,
nanny reference check,
senior home caregiver,
outsource nanny payroll,
domestic worker,
agency,
what to expect,
employment compliance
At HomeWork Solutions, we understand household payroll and tax preparation can be complicated. With tax laws changing regularly, it can be challenging to stay up to date on everything. Outsourcing will save you time and the headache of researching what has changed and what hasn't. You won't need to worry about making a mistake with deductions, either. Your household payroll specialist is skilled in each part of the process, navigating everything for you—the result: payroll and tax preparations are seamless.
If you've recently hired a household employee like a nanny or senior caregiver, and you don't have the time to manage payroll and tax deductions for your household employee, consider outsourcing the work to a qualified payroll and tax provider like HomeWork Solutions. That way, you and your employee are compliant, and you can rest easy knowing all the details are handled.
If you needed more of an incentive to start paying your household employees on the books, The American Rescue Plan Act is now in place for additional financial help, providing families with even more tax credits. It's never been easier to do the right thing and pay your employee's taxes accurately and on time.
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Topics:
household employee,
nanny payroll tax,
nanny tax compliance,
caregiver,
senior home caregiver,
outsource nanny payroll,
agency
Spring break will be here soon and it’s a time that many families use for scheduled vacations. It’s a great time to reconnect and recharge with each other and if you’re not planning on bringing your nanny with you, you will need to know how your vacation will affect her.
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Topics:
nanny,
agency
Updated 11 January 2021
Every year HomeWork Solutions prepares a "what's new or changed" roundup of household employment tax laws and benefit information.
HOUSEHOLD EMPLOYEE 2021 WAGE BASE:
The IRS annually reviews, and adjusts as necessary, the wage payment threshold that obligates a family to pay Social Security and Medicare taxes and issue employees W-2 forms. This threshold will increase to $2,300 for 2021.
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Topics:
nanny,
agency,
senior,
CPA
Updated 22 December 2020
Every year HomeWork Solutions prepares a "what's new or changed" roundup of household employment tax laws and benefit information.
HOUSEHOLD EMPLOYEE 2021 WAGE BASE:
The IRS annually reviews, and adjusts as necessary, the wage payment threshold that obligates a family to pay Social Security and Medicare taxes and issue employees W-2 forms. This threshold will increase to $2,300 for 2021.
Read More
Topics:
nanny,
agency,
senior,
CPA
When you first hire your nanny or caregiver, there are a lot of different action items that need to get set into motion. Defining wages, determining hours, setting up legal payroll and writing an employee contract are some of the primary things that need to be settled at the get-go. Investigating how to navigate tax breaks you might have when hiring an in-home employee is another big one. If you’re wondering if you can use your dependent care flexible spending account, here are some of the basic things you should know.
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Topics:
nanny,
agency,
senior,
CPA
As your loved one starts to age, it is important to determine what type of care for them is best. Nursing homes or assisted living centers are not meant for everyone. Many seniors and their families want to be in the comfort of their own homes if possible. Getting dressed, managing medications, cooking, and cleaning the home can get harder and harder and for scenarios like this, hiring an in-home caregiver is a great option. If you are considering finding an adult caregiver to work in your loved one’s home, here are some benefits.
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Topics:
senior caregivers,
aging in place,
eldercare,
caregiver,
Hiring Elder care,
senior home care,
senior home caregiver,
agency,
COVID-19
Millions of Americans have lost work this year and are collecting unemployment benefits. However, many people are unaware that the money you are collecting from unemployment is considered income and is taxable. Federal income tax is always owed on unemployment benefits. To avoid a surprise tax bill during tax season, be sure to withhold taxes or pay estimated taxes ahead of time. Here are some helpful tips to ensure that you don’t have to face an unexpected hit on your benefits later. 
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Topics:
nanny agency,
nanny tax,
agency