Knowledge Center

Topic

• Legal Household Employee Payroll – It’s Worth It!

  Many families mistakenly believe that paying their household employee cash, off the books, is easiest all around. After all, no complicated tax forms, the employee takes home more money, the family doesn’t pay taxes, it sounds good all around. Until it isn’t good at all! The Family’s Risks Unemployment Claims: Caregiving jobs are, by their […]

• Legal Nanny Payroll – How to Pay a Nanny Legally

  https://www.youtube.com/watch?v=l7J9UMKN_cc In the “nanny world”, the temptation to accept a job that pays CASH (off the books, no payroll or income tax reporting) is faced by every nanny. After all, who LIKES to pay taxes? Professional nannies know, however, that being paid legally is ultimately in their own best interest. Why? Read on to find […]

• Mileage Reimbursement Rates & Fringe Benefits for Nannies and Other Household Employees

  Mileage Reimbursement Rate Most families refer to the IRS guidelines to calculate mileage reimbursement rate for the business use of her personal vehicle. This will include such things as transporting your loved ones to/from activities, errands, shopping, etc. It does not include the employee’s commuting mileage to/from their home to their place of employment. Employee […]

• My Nanny Job Ended, Now What?

  Your relationship with your nanny family is strained and when they come home on Friday they tell you they no longer need your services. Things are going well, but your nanny family gives you two weeks’ notice that they have decided to put their 4 yr old into preschool. You can’t help but think to […]

• Nanny Shares

• Nanny Tax Deductions for Household Employers

  As a family with household employees like a nanny, private senior caregiver, housekeeper or other domestic workers, you may be eligible for several tax deductions related to their employment costs. Taking advantage of these nanny tax deductions for household employers can provide substantial tax savings. Dependent Care Account If your family has a Dependent Care Flexible Spending Account (FSA) through […]

• The Ultimate Nanny Tax Checklist for Household Employers in 2024

  Congratulations! You are a household employer. Here’s your ultimate nanny tax checklist. As a household employer, staying compliant with nanny tax rules is crucial in 2024 and beyond. When you become a household employer you also have payroll tax and reporting obligations, the so-called nanny taxes. The family, and not the nanny, is ultimately responsible […]

• Understanding Senior Heath: When is Help Needed?

  Senior health  challenges afflict not only the aging, but an increasing number of adult children now caring for their parents. When is outside help needed to help your aging parent age in place? Monitoring an aging parent’s health Each year, projections for the average life expectancy of Americans trend up. There are differences by gender, […]

• 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 are a household employer. Our knowledge center goes into much more depth on the details, here it is short and simple. Our lives are busy, […]

• I’m Working a Nanny Share Job, Does Having Two Bosses Change Anything with My Payroll and Taxes?

  Does having a nanny share job change my payroll and taxes? When you work in a nanny share arrangement with two families, both families become employers. Presuming that each pay you for the work performed for their individual family, each employer is responsible for withholding nanny share payroll taxes and the periodic remittances of payroll taxes. […]

• What is included in the NannyVerify BASIC Background Check?

  The basic nanny background check package from NannyVerify.com has two components: SOCIAL SECURITY NUMBER TRACE: Verify SSN and current address. This is also used to determine a candidate’s previous residence(s), and any other names or aliases associated with that SSN for the past 7 years. Vital to determine if additional names or jurisdictions need to […]

• About the Social Security Number Trace

  Hiring families may have questions about the Social Security Number trace they receive as a result of the pre-employment background check order they run on their nanny, housekeeper or care giver candidate. The following FAQ about the SSN trace will assist in interpreting the report. What is a social security trace? A social security trace […]