If you itemize your deductions when you’re filing taxes, you may be able to deduct certain expenses that were paid to your in-home caregiver. If you are trying to determine what portion of in-home caregiver expenses can be deducted, there are several stipulations that you should know about. As always, do consult a qualified personal income tax preparer to help with the details, but here is a quick guide to some caregiver tax deductions.

If you’re considering hiring a nanny and you’re determining how much you want to pay, you should also factor in the cost of hiring a nanny payroll service that will have your back. A partner to help make sure you have everything covered in terms of payroll, taxes, and benefits. By hiring a nanny payroll service that you can trust, you’ll have peace of mind that hardworking payroll specialists are working to make sure you have everything in order the first time, so there are no surprises when it comes to tax time.

Every year there are a host of changes to labor law and reimbursement rates that impact nanny household payroll. Below please find a quick overview of the significant changes that go into effect for nanny taxes 2018.

Earlier HWS reported on changes to tax-free employer assistance with nanny health insurance in 2017. As we approach the end of the year it is important to note that the reimbursement by an employer for nanny health care expenses - or any household employee's health care reimbursement - requires reporting of the benefit on the nanny's W-2 form.

Finding the right in-home care for your loved one is an incredibly important decision. Maybe your loved one needs medication supervision on a regular basis, or maybe they are recovering from a fall or surgery. In-home caregivers can provide non-medical services as well as homemaker tasks, as well as administering medication and helping with bathing and grooming. Finding the right person to care for your loved one means you’ll need to take some time to do your research, including interviewing several people that you feel might be the best match. But, before you set out on your journey of finding a new household employee, here are some mistakes that should be avoided.

The Affordable Care Act allows small employers to make health coverage available to their employees through the Small Business Health Options Program (SHOP). The 21^st Century Cures Act enacted another option as well, the Qualified Small Employer Health Reimbursement Agreement (QSEHRA).

In-home senior care is a great service that can allow elderly loved ones to live on their own and to have the care and attention they need as they age. Aging in place is very important to some seniors, but as their bodies age, they may need help for daily tasks or medical help. How do you know when it’s time to hire an in-home caregiver to come help? Here are some signs that your loved one might show which indicate it may be time to look for additional assistance inside the home.

If your loved one needs assistance in the home doing routine tasks, there are some options that you will need to consider. In-home senior care for the long term means that you could directly hire someone privately, directly hire someone that you know personally, or engage a senior care agency to staff and manage your caregiver. Knowing the major differences between these options will help you make the right decision.

US Citizens and foreign nationals coming to the US for a temporary stay may legally bring their nanny or other domestic help with them by securing a B1 visa. These employers are typically senior executives for large corporations and certain US government employees routinely posted abroad. The US State Department, which oversees the issuance of the B1 visas, imposes certain requirements on the employer to ensure that the foreign domestic worker is treated in accordance with US labor laws and is not exploited.

The Importance of Household Employer Workers Compensation Insurance

There’s no doubt about it: privately employing a senior caregiver comes with its own set of logistical challenges. In addition to payroll and taxes, the ins and outs of worker’s compensation and benefits can be overwhelming for seniors and the family members coordinating their care. If you don’t understand your legal obligations as a household employer, things can get messy. Consider this case study of a senior caregiver that was injured on the job.