What Is Schedule H? A Simple Guide for Household Employers
If you employ someone in your home — such as a nanny, senior caregiver, or housekeeper — you may have heard about Schedule H and wondered how it fits into
Tag: household payroll tax
Unlocking Tax Savings with Employee Benefits: The Power of QSEHRA/ICHRA for Your Household Employee
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
My nanny doesn’t want me to pay taxes – should I care?
You’ve found a nanny to care for your children and now comes the conversation of payment and taxes. If your nanny doesn’t want you to report her wages or pay
3 Little Known Reasons Why Paying Nanny Taxes Pays Off In the Long Run
Despite the best efforts of Congress, the number of families that that fail to pay their nanny taxes each year is estimated to be 1.8 million. Aside from the fact
How Do I Pay Nanny Taxes for my Housekeeper?
At Thanksgiving last year, The Crawford Family got together as so many families do on this day to share a traditional meal, spend time together and talk about where they
Nanny Tax Compliance – Do You Have the Time?
HWS has been providing Nanny Tax compliance services since 1993. Did you know, in a recent client survey, the biggest motivation for employers in outsourcing nanny tax compliance is the
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
Tax Tidbit: Filing the Correct Tax Forms for a Household Employee
Regardless of whether your household employee is full time or part time, employers are required to pay employment taxes if the employee is paid $1900 or more per year (in
Aging In Place: A Forbes Report on Senior Home Care
The Department of Labor extended minimum wage and overtime rules to most home care workers who aid the elderly, and the media is running to provide perspective on caring for aging Americans.
2014 Nanny Payroll Tax Calculator Fully Updated
The Internal Revenue Service issued new 2014 income tax withholding schedules and they are fully integrated with our online tax calculator now. We are fielding a lot of inquiries about new paycheck