W-2 or Independent Contractor?
Understand the difference between classifying household workers (such as nannies and caregivers) as 1099 contractors vs. W-2 employees. Misclassification has serious legal and financial consequences.
Understand the difference between classifying household workers (such as nannies and caregivers) as 1099 contractors vs. W-2 employees. Misclassification has serious legal and financial consequences.
If you employed a household employee and paid them $2,700 or more in 2024, you are required to complete and submit a Schedule H along with your Form 1040.
Are you a working parent with a nanny? You may be eligible for significant tax breaks. We will break down the two main options.
As a responsible employer, paying your nanny’s taxes is essential. It offers significant benefits for both you and your nanny, all of which outweigh the cost of paying illegally.
Is it time to hire a senior caregiver? Discover the benefits of in-home care, from relieving family stress and ensuring safety to promoting independence and quality of life. Learn how hiring a caregiver can help your loved one age gracefully and happily at home.
With a snow day policy as part of your work agreement, clear communications with your nanny, and proper planning when bad weather is forecast, you can reduce the frustrations and possible resentment over snow days that can harm your employee relationship.