If you are considering hiring a nanny, senior caregiver, or other household employee, and are unsure if your new hire should be paid hourly or salaried, you're not alone. Many families are confused by the rules and guidelines that govern their employment arrangements with domestic employees. The Fair Labor Standards Act (FLSA) provides guidance and explains why nannies and most other household employees are considered "Non-Exempt workers under federal law and must be eligible for overtime pay.

Topics: nanny agency, senior care, nanny, Senior Caregiver Payroll, agency, senior, CPA

The Fair Labor Standards Act (FLSA), has played a crucial role in shaping the labor landscape in the United States, and domestic workers have had their unique journey within this historic legislation.

Topics: senior care, nanny, agency, senior, CPA

When it comes to managing your assets and ensuring the well-being of your loved ones, trusts can be a valuable tool. Trusts provide a legal framework for holding and distributing assets, and they can also play a role in employing caregivers to provide necessary assistance. Let’s explore the difference between revocable and irrevocable trusts in the context of employing caregivers, particularly focusing on how an irrevocable trust can serve as the employer of record.

Topics: senior care, nanny, agency, senior, CPA

When seeking a new position, you might hear terms like stipends and reimbursements. While both might sound similar, they have distinct differences which can impact your financial picture.

Topics: nanny agency, senior care, nanny, agency, senior, CPA

Being a nanny or senior caregiver is a rewarding and fulfilling profession. While many caregivers are aware of the importance of being paid legally, they may not fully understand the significant benefits that come with it. In this blog, we will explore the safeguards household employees can rely upon when they are paid legally, including access to Social Security, unemployment insurance, and workers' compensation benefits. Let's dive in!

Topics: senior care, nanny, agency, senior, CPA

If your caregiver resigns, it can be stressful. Whether they give you notice, or it happens unexpectedly, there are some important things to keep in mind to navigate the challenge successfully.

Topics: senior care, nanny, senior home care, agency, senior, CPA

Like all employers, household employers are required to keep specific payroll records for their employees. In addition to initial hire documents, such as W-4s and I-9 paperwork, there are ongoing records that you should keep as well.

Topics: senior care, nanny, agency, senior, CPA

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!  Domestic employees deserve a living wage that fairly compensates them for the invaluable work they do to keep our household running.

Topics: senior care, nanny, agency, senior, CPA

If you are working on growing your small business and you hire a nanny to help care for your children, or a caregiver to assist an aging parent, you might wonder if you can pay their wages through your business. Unfortunately, this is generally not allowed. According to the IRS, your household employee's wages are not considered a business expense.

Topics: senior care, nanny, agency, senior, CPA

Claire is a senior caregiver that severely twisted her ankle while going down the stairs on the job. She went to urgent care and was told she had a serious sprain and needed time to heal. She would need to stay off her feet as much as possible for the next three weeks. The clerk at the doctor’s office explained that she should file a worker’s compensation claim to ensure the urgent care bills were paid. Claire also learned workers compensation insurance policies also generally cover payments made to employees for lost wages while they are out of work.

Topics: nanny workers compensation insurance, senior care, workers compensation household employees, agency, senior, CPA