A majority of American wage earners live paycheck to paycheck.  We start dividing our take home pay between mortgage or rent, water, phone, electric, internet, XYZ bills, and those little cravings such as Starbucks, the movies or that new outfit at the mall as soon as we receive our pay.  Before you know it, our salary is gone and we wait anxiously for the next pay day.  While we know our current earnings are not guaranteed to keep coming in forever, neither in the frequency or amount, we fail to make provisions for that ‘rainy day.’ American’s on average save only 2.7 cents from every dollar we earn! 

Household employees, including nannies, follow this familiar pattern all the time. Scary, right?  Nanny and other caregiving jobs are temporary in most situations.  The child will grow up and the nanny is no longer needed.  This is the nature of the nanny’s business, with some exceptions, of course.

Topics: nanny payroll

Topics: elder care, senior caregivers, housekeeper, maid, nanny payroll, nanny tax

U.S. Citizenship and Immigration Services (USCIS) released the new I-9 Employment Eligibility Verification Form March 8, 2013. This immediately replaces the prior version with an expiration date of August 2012.

Topics: nanny payroll, employment authorization

20 years ago HomeWork Solutions was founded dreaming of creating a service business to help busy families deal with household payroll tax compliance. The failed Zoë Baird cabinet nomination provided the inspiration and belief that many smart, successful families not only wanted, but needed help in this labyrinthine area of tax and employment law.

Topics: nanny payroll, nanny tax, nanny tax compliance

New York State Law requires all private employers to provide written notice to employees of their rate(s) of pay and designated pay day on an annual basis. Notice must be provided between January 1 and February 2 2013. NYS' FAQ on the Wage Theft Prevention Act specifically states that an employer may not choose another time of the year to provide the notice!

Topics: nanny payroll, domestic workers bill of rights, calculate nanny payroll tax, nanny employee, household payroll tax, new york household employment, nanny work agreement

In the household staffing arena, it is very common for families to express their appreciation for valued service with an end of year monetary bonus. Household employers often have the following questions:

Topics: nanny payroll, nanny bonus, nanny wage

The IRS an increase to the standard mileage reimbursement rate to take effect January 1^st, 2013.  The new rate increased from 55.5¢ (2012) to 56.5¢. For compliant household employers preparing to give their nannies a W-2 this tax season, this is imperative information.

Topics: nanny expense reimbursement, household employee expense reimbursement, nanny payroll, nanny mileage reimbursement

Sharing with you an article prepared by a CPA as part of an October series titled "Women, Work and Money." The series is sponsored by a generous grant from the Jewish Women’s Foundation of New York.

Topics: nanny payroll, nanny tax

Topics: nanny payroll

Monday December 19, 2011 Update: What appeared a certainty two days ago is suddenly in jeopardy today. The House of Representatives is poised to reject the Senate's 2 month extension of the payroll tax holiday - insisting on a bill that funds the extension for a full year. We are watching this...

Topics: nanny payroll, nanny payroll tax, domestic employer legal responsibilities, household payroll tax, household paycheck calculator