One of our HomeWork Solutions Representatives shares the story of a client who issued her nanny a 1099 form, and later found herself on the wrong side of the IRS.
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One of our HomeWork Solutions Representatives shares the story of a client who issued her nanny a 1099 form, and later found herself on the wrong side of the IRS.
When deciding which companies to give your business to, many things factor into the equation. Services offered, price, and ease of use are generally the top three. You also want to feel good about the services you are receiving, so factors such as the core values and company history can also play a part in your decision. So, who is HomeWork Solutions, and what does our history say about our service?
Parting ways is never easy. Many positions come to a natural end when there is no longer a need for the employee’s assistance, others end due to a resignation, or end in a for cause termination. Regardless of the reason, when a position ends, it is important to know what to consider, and how to tie up the employment professionally.
When you find an amazing nanny, who is not only reliable, but aces the job every day, it is easy to lose sight of their life outside of work. Through casual conversation, your nanny may, or may not, have indicated their plans to grow their own family one day. When that day comes, and your ace lets you know they want to take parental leave, you need to understand parental leave laws, so you can be a great employer to your amazing nanny.
Topics: nanny savings, nanny tax, agency, senior, CPA
If your household employee’s immediate family member – such as a parent or a spouse – passes away, they will need some time to grieve. They will also have personal arrangements and other legal details to take care of. That’s why it is important to have an established bereavement policy in place in your employment agreement, so discussions can be kept brief in difficult times.
Governments are recognizing the need to ensure household employees are paid a living wage and slowly phasing in wage increases over a series of years. Effective July 1, 2022, 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!
Topics: senior care, nanny, agency, senior, CPA
On June 9th, 2022, the IRS announced that the tax-free mileage reimbursement limit will be increased to 62.5 cents ($0.625) per mile, effective July 1 through December 31, 2022. This increase of $.04 per mile is in recognition of recent increases in gasoline prices nationwide.
Topics: senior care, nanny, nanny tax, nanny benefits, CPA
