Ways to Avoid Domestic Employee Tax Problems
Whether you hired a nanny, a housekeeper, a personal assistant, or a private educator this year, there are some important things to know when it comes to filing taxes. When
Tag: household employee taxes
Nanny Tax Reporting: How a CPA Can Help
If you are a CPA at this time of year, you are hoping and praying that your clients with nannies have their documents in order. Your fingers are crossed that
6 Things About Household Payroll Tax Every Caregiver Should Know
Nannies and senior caregivers who work in a private home, receive instructions and directions from the family employer and are paid by the family (either directly or via a household
5 Ways a CPA Can Help Clients with Household Employees
The CPA or accounting professional is often the first resource a family consults when hiring a nanny or senior caregiver. Families have questions about their tax responsibilities and the myriad
Household Payroll, Hypothetically
Last Friday, HWS’ Client Care Manager Mary Crowe took a phone call that went along these lines:
Elder Care FAQ: Employee Status and Tax Obligations
Usually around this time of year we start getting worried phone calls from families confused by the household employee taxes or the “nanny taxes.” We pulled together some more of
7 Reasons Why You Should Be Paying Your “Nanny Taxes”
Hiring a nanny to care for children, or a caregiver for an elderly family member can be very expensive. These employees often work long hours and your need for their
Home Sweet Home: Tips for Aging in Place
In an inspiring and forward-thinking section of the New York Times on innovations in retirement, an article on innovative solutions to senior living offered news on several fronts. While most
Tax Tidbit: Tax Relief for Nanny Costs
With compliance rates hovering around 10-20%, many household employers are only now beginning to seriously consider the costs and risks related to paying nannies and other household workers “on the
Tax Tidbit: Household Employee Taxes ARE the Nanny Taxes
Household employee placements- including butlers, chefs, housekeepers and nannies- are on the rise, said Sarah Tilton of the Wall Street Journal in a recent online article. Accustomed to the high