El blog de los expertos en empleo doméstico

¿Cómo se entera el IRS de los ingresos declarados incorrectamente?

When new household employees reach out to HomeWork Solutions for information on how their employers should report wages, some respond with “I don’t want to pay taxes, maybe we will just do this under the table.” While under the table payments might seem tempting at first, it really isn’t a good idea to work “off the books.” We remind these callers when unreported or under-reported income comes to light the taxpayer not only owes the original amount, but also penalties and interest. Often these callers ask how the IRS will find out about the payments.  So, let’s look into how under the table wages may be discovered.

Why Nanny Work Agreements Are So Important!

Nanny work agreements play a vital role in establishing a successful nanny-employer relationship. These documents provide a clear framework for the employment arrangement and help prevent potentially damaging misunderstandings. 

¿Importa qué tipo de bono le doy a mi niñera u otro empleado doméstico?

In the world of employment and compensation, bonuses are like icing on the cake. They are the reward that make hard work and dedication feel appreciated and recognized. For hourly employees like nannies, caregivers, and , bonuses can take two primary forms: discretionary and non-discretionary. But what are the key differences between these two, and how do they impact overtime pay? 

Descubriendo Ahorros Fiscales con Beneficios para Empleados: El Poder de QSEHRA/ICHRA para tu Empleado Doméstico

In the modern economy, more and more households are hiring domestic help, whether it’s a nanny, caregiver, or housekeeper. These household employees play a crucial role in keeping our lives running smoothly, and it’s important to recognize their dedication and hard work. One effective way to show appreciation and also maximize tax savings for you, and your employee, is by offering a Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) or an Individual Coverage Health Reimbursement Arrangement (ICHRA).

2024 Household Employment Changes

Updated December 2023 Every year HomeWork Solutions prepares a summary of new or updated household employment tax laws and benefit information. HOUSEHOLD EMPLOYEE 2024 WAGE BASE: The IRS annually reviews, and adjusts as necessary, the wage payment threshold that obligates a family to pay Social Security and Medicare taxes.  These tax withholdings are reported annually on a W-2.  This threshold will increase to $2,700 for 2024.

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