It is time to plan ahead and have an inclement weather policy in place for the upcoming winter weather. Snowy or icy conditions can be unsafe, and safety should always be the top priority when determining if an employee should commute in to work. In the event of a weather emergency, having an inclement weather policy in place ensures everyone knows what to do.
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Topics:
payroll,
nanny agency,
senior care,
nanny,
nanny work agreement,
household payroll,
senior
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, 2024, minimum wage will be increasing in additional states and cities across the country. As longtime advocates for fair and legal pay, we hope to see this trend continue, and to see an increase to the Federal Minimum Wage in the coming years.
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Topics:
senior care,
nanny,
agency,
senior,
CPA
The short answer is yes. Domestic employees, such as nannies, household assistants, and elder care providers are hourly employees under the law, and therefore must be paid overtime. The Fair Labor Standards Act (FLSA) provides the framework to determine weekly overtime requirements for household workers. Some states also have laws requiring daily overtime. It is important to understand all applicable rules to determine when overtime pay is due.
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Topics:
eldercare,
caregiver payroll,
nanny agency,
senior care,
nanny employment practices,
nanny,
nanny tax,
nanny overtime,
household payroll,
Senior Caregiver Payroll,
agency,
senior,
CPA
If you are seeking to provide a tax advantaged healthcare reimbursement, such as a QSEHRA, to your household employee, you need to make sure it is ACA compliant. Let's delve into what it takes for a plan to be ACA-compliant and what might not meet those standards.
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Topics:
eldercare,
household employee,
nanny agency,
senior care,
nanny,
nanny health insurance,
household payroll,
senior caregiver health insurance,
agency,
senior,
CPA
Whether you are hiring a nanny, a caregiver for an elderly family member, or any other domestic worker, understanding the Fair Labor Standards Act (FLSA) live-in and live-out designations, is crucial. These federal guidelines ensure fair treatment and compensation for domestic workers, based on the residential status required of their position.
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Topics:
nanny agency,
senior care,
nanny,
Senior Caregiver Payroll,
agency,
senior,
CPA
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.
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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.
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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.
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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.
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Topics:
nanny agency,
senior care,
nanny,
agency,
senior,
CPA
Many Newborn Care Specialists (NCS) find themselves facing the age-old question: "What's the difference between taxes as an employee and as an independent contractor?" Understanding these distinctions can help individuals make informed decisions about their work arrangements and plan their finances more effectively.
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Topics:
nanny,
agency,
senior,
CPA