How Does The IRS Find Out About Under-Reported Income?
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
Tag: Senior
Does it Matter What Type of Bonus I Give My Nanny or Other Household Employee?
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
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
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
Bad Weather is Easy to Navigate With a Good Work Agreement
It is time to plan ahead and have an inclement weather policy in place for the upcoming winter weather. Snowy or icy conditions can be unsafe, and safety should always
Minimum Wage Increases Coming in January 2024
Governments are recognizing the need to ensure household employees are paid a living wage and slowly phasing in wage increases over a series of years. Effective January 1, 2024, minimum
Do I Have to Pay My Nanny, Senior Caregiver, or Other Household Employee Overtime?
The short answer is yes. Domestic employees, such as nannies, household assistants, and elder care providers are hourly employees under the law, and therefore must be paid overtime. The Fair
Is Your Employee’s Healthcare Plan ACA Compliant?
If you are seeking to provide a tax advantaged healthcare reimbursement, such as a QSEHRA, to your household employee, you need to make sure it is ACA compliant. Let’s delve
FLSA – Compensation Rules Live-In vs. Live-Out Caregivers
Whether you are hiring a nanny, a caregiver for an elderly family member, or any other domestic worker, understanding the Fair Labor Standards Act (FLSA) live-in and live-out designations, is
Understanding FLSA Exempt Tests: Why Household Employees Are Almost Exclusively Non-Exempt Workers
If you are considering hiring a nanny, senior caregiver, or other household employee, and are unsure if your new hire should be paid hourly or salaried, you’re not alone. Many