If you are seeking to provide a tax advantaged healthcare reimbursement, such as a QSEHRA, to your household employee, you need to make sure it is ACA compliant. Let's delve into what it takes for a plan to be ACA-compliant and what might not meet those standards.

Topics: eldercare, household employee, nanny agency, senior care, nanny, nanny health insurance, household payroll, senior caregiver health insurance, agency, senior, CPA

If you recently hired a household employee who lives out of town, there is a good chance you have discussed reimbursement for moving expenses. These costs can be a burden for employees, so employers often step in and help with the expenses or cover them completely. Here are some things to remember when it comes to paying for moving-related costs surrounding the hiring of your new employee.

Topics: household employee, household employer, nanny expense reimbursement, household payroll literacy, nanny agency, household payroll, caregiver, IRS

Starting July 15 and continuing through the end of 2021, many parents will be receiving a child tax credit as part of the American Rescue Plan. The tax credit is $3,600 for children younger than age six and $3,000 for those between six and seventeen. The payments are an ‘advance’ on 2021 taxes and will arrive in monthly installments on the 15^th of every month. The total credit is available for married couples with children earning a combined $150,000 or less that file jointly or $75,000 for individuals. For people making more, the money will be reduced accordingly. Most people will get the funds through direct deposit into their bank account or how you filed your 2020 taxes.

Topics: household employee, nanny employment practices, nanny payroll tax, nannies, nanny tax, nanny interview, nanny job search, CPA, IRS, kids

Summer is right around the corner, and kids are dreaming of their extended vacations. Unfortunately, many parents don't get the same amount of time off from their work responsibilities. Will you need an extra hand with the kids this summer?

Topics: household employee, nanny summer schedule, nanny agency, nanny payroll, nanny payroll tax, nanny tax, nanny wage, household payroll, temporary nanny, nanny job search

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. 

Topics: household employee, nanny payroll tax, nanny tax compliance, caregiver, senior home caregiver, outsource nanny payroll, agency

Hiring a senior caregiver, a nanny, or a housekeeper who regularly works in your home is a personal decision. It takes time to find the right person to fit your family's unique needs, so once you've found that person, it's essential to get things started on the right foot. Here are three of the most important things to do immediately upon hiring your new domestic employee.

Topics: household employee taxes, household employee, nanny payroll tax, nanny work agreement, nanny tax compliance, caregiver, nanny management

Do you know which of your clients have hired a nanny, private tutor, or senior caregiver this year? In response to school, daycare, and nursing home closures across the country, household employment is at an all time high. Don’t be left scrambling to complete W2s and unemployment tax filings in January. Now is the time to contact clients about their “nanny tax” obligations!

Topics: household employee, nanny tax, nanny taxes, nanny tax compliance, CPA, 2020 taxes

Around the country, the beginning of the school year is starting out differently. Distance learning is the new norm for many states and counties and that means kids and parents are juggling a lot. But there is good news! There are options. The first one: parents can utilize the services of a nanny or a learning pod to help provide the support and quality education that kids deserve this year. Here’s how.  

Topics: nanny share, household employee, household employer, nanny agency, home health workers, senior home care, nanny sal, childcare, employment compliance, private educator

Your nanny is an important part of your family. She takes care of your kids when you are away, and she gives them the love and attention that they need. Paying your nanny a fair wage is one way to show your appreciation for her attentive work with your kids, but when she goes above and beyond, you can choose to acknowledge her in an even greater way. Here are some ideas on how to do that.

Topics: household employee, nanny agency, nannies, nanny taxes, nanny bonus, agency

Newborn care specialists are a relatively new form of specialty nanny. Formerly known as "baby nurses," the NCS typically cares for a newborn for the first several weeks to the first several months of life. They are specialists on working with newborns, premature babies, and multiples such as twins and triplets. The NCS partners with the new parents, educating them as required on infant care, provides care for the baby so mom can rest and recover, and helps the infant develop good feeding and sleep schedules and patterns.

Topics: household employee, household independent contractor, newborn care specialist