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IRS Delays Implementation of New Tax Reporting Threshold for Mobile Payments
The IRS is delaying the implementation of a new tax reporting threshold for mobile payments that was set to take effect for the upcoming tax filing season. Here’s what it means for babysitters and household employees.
8 Household Employment Trends to Watch in 2023
What can household employers expect in 2023? From rising minimum wage rates to increasing domestic worker protections, here are eight household employment trends to watch if you employ someone to work in your home.
Best of 2022: Top 10 Most Popular Household Employment Blog Posts
From a new tax reporting rule to understanding guaranteed hours and banking hours, here are our most popular blog posts of 2022.
IRS Issues Reminder About New Tax Reporting Rule for Payment Apps
The IRS recently reminded taxpayers about the new tax-reporting threshold when receiving payments through mobile payment apps like Venmo or PayPal. If you receive $600 or more from these third-party payment platforms for work, side jobs, or selling goods, you’ll get a Form 1099-K in January.
4 Steps to Help Prevent Burnout During the Holidays
Burnout during the holidays is common, but you don’t have to suffer. Even though levels of burnout are high, there are ways to help avoid burnout and manage it so you can enjoy all of the family fun and festivities. Here are four tips to help prevent burnout during the holiday season.
4 States with Important 2023 Paid Family and Medical Leave Updates
Here are several important paid family and medical leave updates that impact household employers for 2023.
IRS Provides Tax Inflation Adjustments for Tax Year 2023
The IRS recently announced tax year 2023 annual tax inflation adjustments, including tax rate schedules. These adjustments generally apply to tax returns filed in 2024. Here are some of the other highlights.
Health FSA Contribution Limit Will Increase for 2023
For plan years beginning in 2023, the limit on an employee’s salary reduction contributions to a health FSA increases to $3,050. Here’s how a health FSA can save you and your worker money and help you attract and retain top talent.
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