1-800-NANITAX (800-626-4829) Enroll Now Log In
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 January 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
Updated 29 December 2021
Every year HomeWork Solutions prepares a summary of new or updated household employment tax laws and benefit information.
The IRS annually reviews, and adjusts as necessary, the wage payment threshold that obligates a family to pay Social Security and Medicare taxes. These tax withholdings are reported annually on a W-2. This threshold will increase to $2,400 for 2022.
Hiring a nanny is a very personal decision that requires research. Investing time in interviews to get to know potential nannies and their experience is key to finding the right match. Fortunately, there are a few different types of specialty nannies out there that have specific areas of expertise.
Topics: nanny agency, nanny, nanny payroll tax, nanny tax, live-in nanny, live-in caregiver, temporary nanny, newborn care specialist, Special Needs
If you are hiring a nanny or caregiver to work in your home, offering a competitive compensation package with health insurance is important. However, the details surrounding health insurance coverage can get confusing. Here are some things to keep in mind.
Let’s face it- no one enjoys paying taxes. As a household employer, you set a budget for employment costs and seek out the most highly qualified employee within that budget. Don’t be surprised by employment taxes, and don’t neglect an opportunity to minimize them by including forms of non-taxable compensation and benefits in an employment offer. By thinking beyond gross pay to total compensation, you can increase employee take-home pay and make a more attractive offer to your ideal candidate.
Topics: maid, nanny retention, nanny, caregiver, Senior Caregiver Payroll, agency, senior, CPA
One of the most important aspects of hiring a household employee is determining if they have any criminal history. While some minor offenses might not be a deal breaker, it’s important to have a full picture of who your candidates are so you can hire the right person for your family. Armed with a complete background check and employment verification, you can get your questions answered and make your hiring decision.
Topics: maid, nanny retention, nanny, caregiver, Senior Caregiver Payroll, senior
Establishing a regular recognition and reward system for your household employee(s) ensures that they feel valued and appreciated for their efforts. Paying a fair wage and benefits is the best way to show you respect and value your employee’s work, but when they go above and beyond, acknowledging them in a greater way is important. Here are some ways to recognize and reward your employee for a job well done.
Topics: maid, nanny retention, nanny, caregiver, Senior Caregiver Payroll, agency, senior, CPA
Are you considering hiring a nanny? As a household employer, paying your nanny a fair wage is essential. While you may not be required to offer paid vacation, health insurance, paid sick time, or retirement savings plans, offering some benefits is important. Benefits can help you attract and retain the best nannies in the industry. In addition, it helps your nanny avoid exhaustion or burnout. So, while you are considering your nanny's employment details, make sure you think seriously about what it takes to provide a good benefits package.
Topics: nanny employment practices, nanny, nanny payroll tax, nanny health insurance, nanny benefits, household payroll
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.
