Can an employer pay the nanny on the payroll of their own business?
Considering adding a nanny on business payroll? Nanny employers who own a business or a farm operated for profit can choose to include their nanny’s payroll in their 941 or
Knowledge Center Category: Financial Professionals
Payroll Tax Enforcement Efforts Accelerate
The trend towards stepped up enforcement is pervasive. The California hotline targets businesses and household employers and workers. (Last week I reported that a new hotline was set up in
Hotline Set Up in New York to Help Nannies and Housekeepers File for Unpaid Overtime
Efforts by workers’ rights groups to educate about New York’s Domestic Workers Bill of Rights have resulted in a big uptick in unpaid overtime claims filed against household employers. Advocacy
Fair Labor Standards Act (FLSA) Overtime Rules and Domestic Employment
Fair Labor Standards Act (FLSA) overtime rules and domestic employment are often misunderstood by the household employer. The temptation is to either agree to a weekly “salary”, agree to “average
Outsourcing Schedule H to a Household Payroll Specialist
Busy tax preparation firms always encounter a few clients who come to them during busy season with household payroll that has not been attended to throughout the prior year. The client
Caregiver or Nanny Pay Stubs: Are they required?
Did you know that 39 states have now passed laws requiring employers to provide itemized pay stubs to their employees? Why all the attention to nanny pay stubs? There has
Are there tax breaks for dependent care? Does this apply when I hire an in-home caregiver?
There are two popular strategies that families employing nannies or senior caregivers use to minimize their personal income taxes. Many families can utilize a flexible spending plan (cafeteria plan) offered
G-5 Employee Workers’ Compensation Insurance
Workers’ Compensation is insurance protection mandated under state law for a worker and his or her dependents against injury and death occurring in the course of employment. It is not
Senior Caregiver Hiring: Employee or Independent Contractor
The IRS is increasing its focus on improperly classified domestic workers, including those hired as senior home care professionals. As an employer of a household employee, you must be aware
Are you a household employer?
What Your Family Needs to Know… At HWS, we are experts on the tax and labor laws surrounding household employment, so you don’t have to be. Let’s first determine whether YOU