It is no secret that 2020 has been a difficult year for many families. 2021 brings hope and possibilities, and for those resolving to make this upcoming year run more smoothly, hiring experienced in-home employees can help. Whether it is a senior care professional, nanny, housekeeper, a personal chef, or someone else that can assist around the home, hiring domestic employees for the services you need is incredibly beneficial. 

Topics: nanny agencies, nanny payroll tax, nanny tax compliance, household payroll, caregiver, senior home care, nanny job search, child care

Whether you hired a nanny, a housekeeper, a personal assistant, or a private educator this year, there are some important things to know when it comes to filing taxes. When you hire someone to work in your home, you become an employer. Tax and labor laws generally apply, even if there are some small exemptions unique to household employers. Many families don’t know this and make the mistake of paying the employee “off the books.” This could be a very costly error. Here are some specific ways to avoid domestic employee tax problems. 

Topics: housekeeper, household employee taxes, nanny payroll tax, nanny hourly wage, nanny independent contractor, nanny tax compliance, household payroll, caregiver

Need a housekeeper, nanny, personal assistant, or estate manager to lend a helping hand in your home on a regular basis? Once you find the right person, you want to make sure that they stay employed with you for as long as possible. That means ensuring that everything is kept on the up and up – from communication, to a set payroll schedule, to tax withholdings. Hiring an in-home employee makes you a household employer. And you’ll need to be aware of what your legal responsibilities are. 

Topics: elder care, household employer, calculate nanny payroll tax, 1099 v w-2, domestic employer legal responsibilities, nanny tax compliance, household payroll, caregiver

The 2020 tax season approaches and more of your clients are hiring nannies and caregivers than ever before. Night nurses for newborns, senior caregivers for mom or dad, and now private educators for students doing school remotely- all present “nanny tax” issues for you and your clients.

Topics: nanny share, nanny agency, nanny payroll, nannies, nanny tax, nanny tax compliance, household payroll, caregiver, COVID-19, private educator

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

A nanny will become an essential member of your household, caring for the most precious part of your life. So it’s a sensible decision to onboard a nanny (or any household employee) the correct way. These four steps will ensure that your nanny can begin work without delay and, come tax season, you or your tax preparer will have the necessary elements to file correctly.

Topics: hiring a nanny, nanny, nanny tax, nanny tax compliance, agency, senior, CPA

Every American dreads this date.  APRIL 15th!  We see images of adding machine tape, lines at the post office, and piles of tax receipts. January is the month household employers deliver W-2 forms to their nanny, housekeeper and other household employees. After a month of frantic phone calls from employers and caregivers alike pleading for tax help, I can offer the following reflections:

Topics: nanny taxes, 1099 v w-2, nanny tax compliance, Senior Caregiver Payroll

When a nanny who has earned her wages under the table is fired and files an unemployment claim, nanny taxes can become a big deal for the former employers (your family!). Read on about how—and why—paying your household employees on the books is the best choice for you and your family.

Topics: nanny off the books, nanny taxes, nanny tax compliance

Families know that a comprehensive, legitimate pre-employment background check, thorough reference checking and organized behavioral interviewing questions are the gold standard in nanny recruiting. The careful background screening is a must, but you should not be lulled into thinking that just because a nanny that passed these 3 steps with flying colors you don't need to pay attention and observe the nanny on the job.

Topics: nanny, nannies, nanny tax, nanny tax compliance, nanny background screening

Household employee placements- including butlers, chefs, housekeepers and nannies- are on the rise, said Sarah Tilton of the Wall Street Journal in a recent online article. Accustomed to the high level of service they receive on luxury vacations and five star hotels, wealthy homeowners are increasingly staffing their residences with specially trained personnel to make their lives more comfortable.

Topics: household employee taxes, 1099 v w-2, domestic employer legal responsibilities, nanny tax compliance